Receiver of Lyrath Estate resort hotel receives €1.35m in fees

The receiver to the €50m five-star Lyrath resort hotel in Co Kilkenny has received €1.35m in fees to date, new figures show

Receiver of Lyrath Estate resort hotel receives €1.35m in fees

Kieran Wallace of KPMG was appointed as receiver by Bank of Scotland in 2012 to the 139-bedroom resort spa hotel.

Loans from the bank helped bankroll the development and the opening of the Xavier McAuliffe hotel in 2006.

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