Day two of the hearing to injunct receivers from selling former Riverdance star Michael Flatley’s Cork pile began with a dramatic flourish. Barrister Ronnie Hudson, representing the entertainer, informed the court that a neighbouring landowner wanted to purchase Flatley’s listed Cork mansion, Castlehyde. A deal had purportedly been done between this neighbour and William McManus, chief executive of Novellus, the alternative lender pursuing the dancer on foot of an unsatisfied guarantee on a €5.7 million loan to Flatley’s company Blackbird. This purported explanation for why Novellus wanted receivers to take control of the listed property was quickly shot down by…
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