Frank Gleeson sees his debts wiped in exit from Mercantile group

Gleeson is to walk away from the Mercantile chain of pubs and restaurants

7th May, 2017
Frank Gleeson

Publican Frank Gleeson is to walk away from the Mercantile chain of pubs and restaurants with his debts discharged, as part of a settlement to resolve a bitter, two-way legal dispute in the group. The confidential deal, finalised last week, involves Gleeson withdrawing his court action alleging shareholder oppression at Ardan Advisory, the company formed in the wake of the merger last year between the Mercantile pubs group and Capital Bars.

Gleeson’s claims of an...

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