Firm settles dispute with Paddy McKillen Jnr over loan guarantee claim

The plan was to redevelop a property in England as a 155-bed Dean hotel, with a 1,500-capacity event venue.

The case first came before the Commercial Court last month when Mr Justice Denis McDonald granted a two-week adjournment at the request of Mr McKillen Jnr’s side. Picture: iStock

A dispute between an investment finance company and businessman Paddy McKillen Jnr over a guarantee on loans has been resolved, the Commercial Court has heard.

AHG Properties Unlimited Company had sought summary judgment for €1.19m against Mr McKillen over the guarantee on loans to buy a property in England for development as a 155-bed hotel and 1,500-capacity venue.