BBC News - Two NI property developers declared bankrupt
Two major Northern Ireland property developers have been declared bankrupt.
They are Sam Thompson who ran Thompson Developments and Fergal McAlinden one of the founders of housebuilder Lavelle and McAlinden.
Earlier this year, the BBC revealed that Anglo Irish Bank was pursuing Mr Thompson for a personal debt of £90m.
The BBC understands that other developers are facing bankruptcy in the coming months.
Mr Thompson, of Drumnabreeze House, Magheralin, was being pursued by Anglo in relation to personal guarantees he signed in 2009.
His firms also owe money to Ulster Bank.
Last month a receiver's report showed that one of his companies, Thompson Lennox, owed Ulster £23m but that its assets are now worth just £3m.
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment