The web of cross-guarantees extended by Paddy McKillen Jr across his property and hospitality companies before the break-up of the Press Up group has caught up with the Dean Hotel Group more than a year after the businessman sold his controlling interest in the hotel portfolio. Warlington Key Ltd, the holding company for the Dean Hotel on Dublin’s Harcourt Street, provisioned for this liability in its latest annual filing. A note to its balance sheet explains: “At 31 December 2024, the group recognised a provision of €1,750,000 in respect of its obligations under a guarantee agreement dated 14 June 2022,…
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