Dispute resolved over Peter McVerry Trust's alleged aborted purchase of Kerry site

One of the main homeless services providers here, the trust is receiving a State bailout of up to €15 million after statutory inspectors were appointed to investigate its significant financial issues

It was claimed Peter McVerry Trust wanted to build a shelter facility for children and young people on the site.

An agreement has been reached to resolve a High Court dispute over the Peter McVerry Trust’s alleged aborted purchase of a €300,000 greenfield site in Co Kerry.

A €90,000 sum that the financially troubled homelessness charity was directed to lodge in an escrow account in exchange for a pause to an earlier Circuit Court order can be returned, Ms Justice Niamh Hyland was told on Friday.