The new owners of one of Killarney’s oldest hotels plan to invest €500,000 in the five-star property over the next year-and-a-half.

An application for re-possession, to remove the businesswoman Jackie Lavin from a luxury Italianate mansion, formerly owned by her partner Bill Cullen, in the heart of the Killarney National Park has been adjourned — for the fifth time.

Irish hotels are back in business - they’ve sold like hot-cakes during 2014, with over 50 finding new owners, with €450m changing hands in the process.

Which one was your favourite?

Susan O’Shea sets up base camp at Muckross Park Hotel and comes away as liberated as a former guest, The Liberator.

An application to remove the businesswoman Jackie Lavin from a luxury Italianate mansion, formerly owned by her partner Bill Cullen, in the heart of the Killarney National Park has been adjourned.

Businessman Bill Cullen is opposing a bank’s demand that he sell his home, and that of his partner Jackie Lavin, to satisfy an €8.2m judgment obtained against him two years ago.

Cabinet minister turned radio personality Ivan Yates quipped that his biography was still a good read despite lawyers insisting 10,000 of its most biting words be taken out.

Welcome to your Wednesday morning briefing. Let us ensure you’re up to speed on what’s happening and are prepared for the day ahead.

Bill Cullen has dropped all legal challenges that he had mounted in the Commercial Court against the approach taken by Ulster Bank-appointed receivers in selling assets of his companies.

ONE down, another to go in Kerry — DTZ Sherry FitzGerald this week bring Bill Cullen and Jackie Lavin’s Muckross Park Hotel to market guiding €6.5m, after their summer 2014 off-market sale of Killarney’s 74-bed Aghadoe Heights for just over €6m, bought by Davy asset managers.

Businessman Bill Cullen has told the Commercial Court there is "no doubt" his €11.5m debt to Ulster Bank will be cleared and he became "so irritated" over the approach of receivers in selling assets of his companies that he decided to take legal proceedings.

The receivers for Glencullen Properties Ltd, the company formerly owned by Bill Cullen, have begun court proceedings to remove Mr Cullen’s partner, the celebrity businesswoman Jackie Lavin, from Killegy House, a magnificent Italianate-style house with landscaped gardens and tennis court overlooking the lakes of Killarney, built by Mr Cullen.

Yesterday’s bank holiday race meeting in Fairyhouse was a real turn-up for the books — or should that be for the bookies?

Ulster Bank is confident that an extension of a probe into alleged fraudulent activity by its parent, RBS — to cover its Irish operations — will find it innocent of any wrongdoing.

Revenues at the five-star Muckross Park Hotel have topped €5.4 million in its first year in receivership.

Bill Cullen has been cleared of a speeding offence after a court heard that his country mansion often gets mixed up with a young offenders’ jail.

Bill Cullen has been cleared of a speeding offence after a court heard that his country mansion often gets mixed up with a young offenders' jail.

You’re hired! Former top dog in The Apprentice, Bill Cullen, is back in the car trade after opening a new showroom on Dublin’s Naas Rd.

DOLLY PARTON apparently once said “just because you lost your fuzz, don’t mean you ain’t a peach”.

WHAT have Gordon Ramsay, Edna O’Brien, Nicky Byrne and Phil Coulter got in common? They’re just some of the celebrities who were born within the Year of the Horse in the Chinese zodiac.

Some of the country’s most successful entrepreneurs will address students and the wider community at Innov8 Week at UCC.

As Martin O’Neill and Roy Keane ride in as the FAI’s new sheriff and deputy, Dave Kenny looks at some other memorable good cop/bad cop pairings from the archives, or should that be ‘bad cop/bad bad cop’?

With his family’s staunch republican background and his posh “West Brit” like tones that have proven a hit with BBC listeners, Ryan Tubridy is in many ways the perfect choice for chronicling the lives of Irish people who have made it big in Britain.

The receivership of the 50million five-star Lyrath resort hotel in Co Kilkenny is beginning to pay dividends for the Bank of Scotland.

The receivership of the €50m five-star Lyrath resort hotel in Co Kilkenny is beginning to pay dividends for the Bank of Scotland.

THROUGHOUT the summer at least 2,000 people, many of them involved in businesses during the boom, made a last-ditch attempt to remain in control of their debt-laden properties. They did so by putting their faith in a mysterious property trust that it was claimed had found a way to split mortgages from properties themselves.

The mysterious Rodolphus Allen trust has not explained the magical tactic it believes will defeat the banks. But it has left some clues about its long-shot strategy.

A politician who met the promoter of a private trust — which has recently accepted hundreds of properties from distressed borrowers — believes its bid to thwart lenders is a scam.

Hundreds of distressed borrowers — including businessman Bill Cullen — have ploughed their assets into a single private trust in a bid to prevent lenders repossessing their properties.

In light of the UK version of 'The Apprentice' coming to an end last night, we thought we would remind you of probably the most notable character from the Irish series… Breffny Morgan.

Top-rated show The Voice of Ireland was the main driver behind revenues at Screentime Shinawil, which doubled to a record €8m last year as the firm recorded profits of almost €250,000.

Many of the entrepreneurs in an aptly titled 2008 book of business self-congratulation have gone bust, says Tommy Barker

The five-star Muckross Park Hotel has been put back in receivership after businessman Bill Cullen and partner Jackie Lavin lost their legal battle for court protection while they put an investor in place.

A receiver has been reinstated to the five-star hotel owned by Bill Cullen and Jackie Lavin after the High Court refused to approve the appointment of an examiner.

Businessman, Bill Cullen has apologised to the High Court for failing to disclose he owned part of the land on which the Muckross Park Hotel is built, when applying for examinership.

Sixteen parties have expressed an interest in investing in the five-star Muckross Park Hotel in Killarney, Co Kerry, run by businessman Bill Cullen and his partner Jackie Lavin, the High Court heard yesterday.

Celebrity entrepreneurs Jackie Lavin and Bill Cullen will attempt to retain control of their jointly-owned five star property, the Muckross Park Hotel, in the High Court today.

The five-star Muckross Park Hotel in Killarney, owned by businessman Bill Cullen and his partner Jackie Lavin, was yesterday granted protection by the High Court.

The financial woes of Bill Cullen, once the country’s best known car dealer, continue.

A receiver has been appointed to Muckross Park Hotel in Killarney, which is owned and run by Bill Cullen and his partner Jackie Lavin.