Michael Flatley has paid off €6.9m loan at centre of Castlehyde dispute, court told

However, another legal row may be about to erupt as the lender’s side asked the Flatley side to consent to paying the legal costs of the court applications

Michael Flatley had provided a guarantee for the loan on the strength of the value of his Castlehyde mansion. File picture

Lord of the Dance star Michael Flatley has paid off the €6.9million loan at the centre of a dispute over his Castlehyde mansion in Co Cork, the Commercial Court has been told.

The entertainer had been given until Tuesday to make the monies transfer into the account of the solicitors on behalf of the lender who had a receiver appointed over Castlehyde three months ago. Mr Justice Mark Sanfey, who had stipulated a 12.30pm deadline on Tuesday for the transfer to be made, was told the monies had been paid.