Kelleher firms in receivership

Nama hired receivers to some companies controlled by Garrett Kelleher, a developer who planned to build North America’s tallest building in Chicago, according to sources.

Kelleher firms in receivership
Fri, 04 Apr, 2014 - 01:00
Donal Griffin, Bloomberg

Nama named Mazars to take control of assets tied to Mr Kelleher’s Dublin-based Shelbourne Property Group, said the sources.

Nama is seeking to recoup the €71.2bn of loans owed by developers that the agency bought from banks after the country’s property market collapsed.

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CourtsPlace: North AmericaPlace: ChicagoPlace: DublinPlace: IrelandPlace: UKPerson: KelleherPerson: Garrett KelleherPerson: NamaPerson: Stephen RossOrganisation: MazarsOrganisation: Shelbourne Property GroupOrganisation: Anglo Irish BankOrganisation: NAMAOrganisation: ShelbourneOrganisation: Modillion LtdOrganisation: Turson LtdOrganisation: Anglo IrishOrganisation: AIBOrganisation: Companies Registration OfficeOrganisation: AngloOrganisation: Shelbourne North Water StreetOrganisation: Lloyds Banking GroupOrganisation: Clarinabbey Ltd
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