The dispute was resolved as other Oakmount subsidiaries continue to dispose of assets and face demands from creditors.
New financial information for the core part of the hotel business now separated from Press Up reveals both strength and the need for its eventual refinance.
The Bray Central shopping centre and entertainment venue is the latest property to face enforcement by lenders to the property arm of Paddy McKillen Jr's business.
Receivership and legal action mark the latest developments in Paddy McKillen Jr’s debt challenge.
The deal will help Paddy McKillen Jr reduce his debt exposure and provides the retailer with a valuable mixed-use development opportunity.
All pieces of the puzzle have just fallen into place to fund the Ukrainian war effort for another while, the top US diplomat in Europe explained in Dublin.
As the contractor to the National Broadband Plan reaches more rural customers, the resulting cash flows allows it to repay investors led by Spanish firm Asterion.
Paddy McKillen Jr and Matt Ryan packaged the trading and property assets behind their hospitality group in a way that let them maximise debt and manage risk, but there were downsides too.
Restrictive debt arrangements were among the factors that precipitated the baked goods multinational into a leadership crisis four years ago. As its financial health improves, Aryzta is shaking them off.
The Ardagh edifice was designed for interest rates a couple of percentage points lower than they are today.
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