16 parties interested in top hotel, court told

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.

Mr Justice Peter Charleton was also told the interim examiner appointed over the hotel last month believes it has a reasonable prospect of survival as a going concern.

Counsel for the interim examiner, Gary McCarthy, said 16 credible parties have expressed an interest in the luxury hotel.