Earlier this month, The Currency reported that the high-end property firm Victoria Homes was in advanced emerged to resolve its issues with its main financier, the Lotus Investment Group. The issues came to light when Victoria’s financier appointed a receiver, the accountant Myles Kirby, over five properties owned by Victoria – four houses in a Dublin development and one in Kildare. Paddy Byrne, the builder behind Victoria, proposed a series of measures to ensure that no further receivers were appointed, and that Kirby would be discharged from his appointments. The strategy worked. In a statement to The Currency issued from…
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