Islandeady Properties (Castlebar) Ltd and two other associated companies have warned the bankers and receiver to a theatre, hotel and retail quarter in Mayo that they are preparing to take a multimillion-euro legal action to win back control of the business.
Islandeady Properties is led by accountant Seamus Sutcliffe of Lansdowne Francs who previously worked for the Mansfield family in the Citywest Hotel and conference group.
The company is understood to be seeking a specific...
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