US company sets sights on Kerry hotel and islands in legal battle with billionaire owner

The Parknasilla Hotel in Kerry, owned by Jacqui Safra, who is currently engaged in a legal battle with US company MCG California LLC. File picture

A US company has set its sights on the Co Kerry hotel and islands of a billionaire Swiss-Lebanese investor as it tries to enforce a $192m (€175m) judgment against him.

The High Court granted permission to MCG California LLC to serve proceedings on Jacqui Safra at his Parknasilla Hotel in Sneem.