Nama appoints receiver to Mansfield assets

NAMA has this evening appointed a receiver to assets owned by developer Jim Mansfield.

Wed, 20 Apr, 2011 - 18:28

NAMA has this evening appointed a receiver to assets owned by developer Jim Mansfield.

Kieran Wallace of KPMG will assume control of the assets including Weston Aerodrome in Dublin, Palmerstown House golf club in Kildare, and a number of apartment blocks attached to the Citywest Golf club in Dublin.

71-year-old Mansfield had failed to agree a suitable business plan with NAMA to pay-down his debts.

Last year, Bank of Scotland Ireland appointed a receiver to Mansfield's City West Hotel.

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Courts Nama Place: Dublin Place: Kildare Person: Jim Mansfield Person: Kieran Wallace Person: Mansfield Organisation: NAMA Organisation: KPMG Organisation: Weston Aerodrome Organisation: Palmerstown House golf club Organisation: Citywest Golf club Organisation: Bank of Scotland Ireland Organisation: City West Hotel

<p>Former taoiseach Bertie Ahern said he hoped politicians would ‘jump on the opportunity’ and warned against putting decisions off until the time is right (Liam McBurney/PA)</p>

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