Lenders to the Camden Yard project have lined up Grant Thornton to act as receiver on the project if ongoing negotiations falter.
RGRE, the property group headed by Johnny Ronan, remains in talks with an international investor about the refinancing of loans relating to the assets.
International businessman Anthony Sheedy said he planned to downsize by buying a 230-acre manor estate in Waterford. But when the sale collapsed, the legal fallout revealed there was more to the deal than met the eye.
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