Druids Glen dispute on the cusp of being settled

Receiver was appointed after payment demand for €4.85m was not met

Druids Glen golf resort

The High Court clash between the owner of championship golf club Druids Glen and its debt owner fund Carval is close to being settled, The Sunday Business Post understands.

Carval vehicle Gulland Property Finance initially appointed a receiver to the club after a payment demand for €4.85 million was not met.

Druids Glen Golf Club then went back to court and sought the protection of examinership in place of the receiver. Gulland opposed ...