IBRC has argued that the taxpayer should not have to pay the costs of Paddy McKillen’s legal action aimed at preventing his loans being sold by the IBRC special liquidators to the Barclay brothers.

The multi-million-euro battle for control of three of London’s most prestigious hotels pitting Irish businessman Patrick McKillen against billionaire brothers David and Frederick Barclay has finally been resolved.

Banks based in this country still have a considerable amount of assets to dispose of although any sale in the current market environment would mean heavy losses as prices remain at distressed levels.

Walt Disney today unveiled a $660m (€791.4m) deal to sell Miramax Films - the movie studio behind hits such as 'Pulp Fiction' and 'Shakespeare In Love'.

Rob Lowe is said to be involved in a bid to buy Miramax Films.

MICHAEL JACKSON’S tendency to indulge his wildest fantasies put his finances under serious strain.

IN the late 1980s and early 1990s, Michael Jackson was the undisputed King of Pop, and probably the most famous man in the world.

Michael Jackson has given up title to his Neverland ranch, transferring the deed to a company he partly controls.

Rumours about a possible Michael Jackson Las Vegas spectacular have hit fever pitch after revelations the loan on the pop superstar's Neverland Ranch home has been bought by a Vegas mogul.

A foreclosure auction for Michael Jackson’s Neverland Ranch was cancelled after an investment company bought the loan.

The group of investors led by Quinlan Private, a Dublin-based property investment and advisory firm, has announced that it has completed the acquisition of the Savoy Group from the Blackstone Group and Colony Capital for approximately €1.12 billion.

Quinlan group swoops and steals Savoy deal

An Irish consortium, headed by former revenue inspector Derek Quinlan, is close to agreeing a deal to buy the Savoy hotel group in London from US investment firms the Blackstone group and Colony Capital.