herald

Thursday 21 September 2017

Last chance in loan bid

A GROUP of private investors and developer Bernard McNamara have been given one final opportunity to try to resolve their dispute over loans to acquire the Irish Glass Bottle site in Ringsend, Dublin.

Ringsend Property Ltd secured summary judgment for €62.5m last January against Mr McNamara over the failure by his company, Donatex Ltd, to repay loans advanced towards the €412m purchase of the site.

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