Bank appoints receiver to Kilkenny’s 5-star Lyrath Hotel

A receiver has been appointed to the five-star Lyrath Hotel in Kilkenny by Bank of Scotland Ireland.

Bank  appoints receiver to Kilkenny’s 5-star Lyrath Hotel

Kieran Wallace of KPMG confirmed yesterday that he had been appointed as the receiver of the hotel that was developed by a consortium led by Kerry businessman Xavier McAuliffe.

A spokesperson for Bank of Scotland Ireland refused to disclose how much money Mr McAuliffe owed.

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