Shelbourne management loses bid for stay on access to books

THE company operating Dublin’s Shelbourne Hotel has failed in its attempt to have a stay put on a High Court ruling that the owners are entitled to access the hotel’s books and records.

However, the Supreme Court yesterday made a recommendation that an appeal in the case should be heard as soon as possible given the urgency of the matter. Following its decision the court was told that the documentation being sought would be handed over by early next week.

The owners of the hotel, Shelbourne Hotel Holding Company Ltd, (SHHL) had sought access to the books and records after claiming the 262-room hotel, bought and refurbished by SHHL at a cost of €1 million per room, was being run in a “shambolic style” with nobody in charge.