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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago