Michael Flatley denies there was default on €5.6m loan

Novellus CEO, William McManus, in an affidavit to the court said there was default almost immediately on the loan which was drawn down in September 2023

Michael Flatley's solicitor is to go to Monaco, where Mr Flatley lives, over Christmas to get instructions from him. File Picture: PA

Lord of the dance star Michael Flatley strongly denies a lender's claims that there was default on a €5.6m loan to the dancer's film production company, the Commercial Court has heard.

Novellus Finance Ltd insists there was default on the loan given to Blackbird Film Productions Ltd and for which Mr Flatley provided a guarantee on the strength of the value of his Castlehyde mansion in Fermoy, Co Cork.