Construction of the state-of-the-art Greenside House office block in Dublin city centre has been plagued with difficulties and delays since work began in 2021, leading to a well-publicised multi-million euro lawsuit against a supplier alleged to have provided defective concrete. Now KC Capital, the development group behind the construction, is fighting for its very survival with an examinership petition before the High Court. It is facing stiff opposition from its main lender, Oaktree Capital, owed over €50 million, who had joint receivers from Grant Thornton appointed over the Cuffe Street development last December. The receivers were supplanted by the appointment…

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