Unsecured creditors lose €5m after receiver appointed to building firm

ONE of the mid-west’s largest building firms, Paddy Burke (Builders) Ltd went into receivership last year owing over €5 million to unsecured creditors, new filings show.

The north Clare company once employed 110 people.

Last year the National Assets Management Agency (NAMA) appointed Eoin Ryan of Horwarth Bastow Charleton as receiver to the firm.