Coleman sued over alleged €6m vulture fund debt

Coleman sued over alleged €6m vulture fund debt
Castle Oaks hotel, Limerick
An asset fund linked to US investment giant CarVal has initiated Commercial Court proceedings against Dublin solicitor and developer David Coleman over an alleged €6 million debt. Coleman and builder John Joseph Murphy are being sued by Feniton Property Finance in connection with their boom-time investment in the Castle Oaks hotel, Limerick, which sold for €3 million last week.

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