A Taiwanese businessman is fighting Victoria Homes and its lenders through the courts after he lost a €1.2 million deposit on three Dublin homes. Now De Xian Wang, who holds an immigrant investment visa, is being asked questions about his own assets.
A Taiwanese investor, in Dublin on the golden visa scheme, paid a €1.2 million deposit on an upmarket housing development by Victoria Homes. When the development stalled, he sued. Now the developer's backers are trying to take an axe to the case.
Peace talks are ongoing between financier David Grin and builder Paddy Byrne. The former is attempting to avoid litigation, and the latter wants to save his property company. Can they reach an accord over the future of Victoria Homes?
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