Michael Flatley 'ready, willing and able' to pay off loan at centre of Castlehyde dispute

Counsel for Mr Flatley said almost €1m in arrears had already been paid off and the loan was no longer in arrears

The court was told Michael Flatley would also agree 'under protest' to put a disputed amount which is understood to include various costs, including legal and receivers costs, into an escrow account. File picture

Michael Flatley is “ready, willing and able” to pay off the entire loan at the centre of a dispute which is linked to receivers being appointed over his Cork mansion, Castelhyde, the Commercial Court heard on Wednesday.

Lawyers for the Lord of the Dance star sought to have a hearing where he is seeking a full injunction restraining a receiver taking steps in relation to his Fermoy mansion adjourned after it had opened before a judge. This was on the basis that the capital and interest accrued amounting to over €6million would be paid.