Saturday July 4, 2020

Mick Wallace says he is taking legal advice after receiving €2m Cerberus demand

The Independent TD confirms lawyers have been in touch over loans for Wallace's Taverna

26th October, 2015

Mick Wallace is taking legal advice after receiving a loan repayment demand for up to €2 million from Cerberus.

Wallace confirmed lawyers for the fund have made the demand over a personal guarantee he gave for loans for Wallace’s Taverna on Dublin’s quays.

The total amount owed on the Taverna loan is in excess of €2.2 million, although Cerberus is only thought to be pursuing Wallace for the limit of his...

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