Killilea firm ends legal action with hotel operator

A private construction company owned by businessman Sean Dunne’s wife, Gayle Killilea, has settled its High Court action over an alleged failure to pay it €2.5m for remedial works to two flooded Dublin 4 hotels.

Mavior, an unlimited company of which Ms Killilea is the sole beneficial shareholder, claimed the banking syndicate owed it €2.5m which the company spent repairing the Tower and Ballsbridge Inn Hotels following flood damage in Oct 2011. The hotels were run by another company called MJBCH which was controlled by her husband, Mr Dunne.

Mavior claimed breach of contract by Zrko Ltd, a company set up by Ulster Bank, ACC, and Icelandic bank Kaupthing, to represent their legal and beneficial interest in the hotels. Mavior also claimed it was unlawfully excluded by Zrko from the hotels in March 2012 and was entitled to what it had spent on works up to that date.