Sunday February 23, 2020

A battle Royal in Mayo as firms fight to regain quarter

Castlebar company threatens multimillion-euro legal action against banks and receiver

2nd October, 2016
Fine Gael Conference in the Castle Bar Convention Centre 2015, Picture: RollingNews

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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