D&L’s €9.7m debt claim against Yolanda upheld
London construction project hit by financial downturn
The Court of Appeal has refused to strike out a €9.7 million debt claim in a dispute arising from an ambitious building project in the heart of Westminster, London.
Dublin firm D&L Properties Ltd alleges it is owed €2.2 million plus at least €7.5 million interest on a loan issued to Yolanda, a company registered in the Channel Islands.
Yolanda, in response, has contested the provenance of the loan, arguing it was received ...