Row over appointment of receiver to luxury Cork estate settled

Businessman had sought injunction restraining lender and receiver from interfering with the sale of the exclusive estate, Ballinacurra House, in Kinsale, Co Cork

Ballinacurra House has operated as an exclusive, compact, 25-acre private estate and corporate venue, renting at up to €40,000 per week to celebrities, A-listers and corporate entities

A row over a financial fund's appointment of a receiver over a luxury Cork estate and event venue that has hosted celebrities including Michael Jackson has been settled.

Businessman Desmond McGahan had brought proceedings where he sought an injunction restraining Mars Capital Finance (Ireland) Designated Activity Company and receiver Rory Cotter of Crowe Ireland from interfering with the sale of the exclusive estate, Ballinacurra House, in Kinsale, Co Cork.