Fund seeks to redeem property loan facilities of at least €124m in High Court action - News Summed Up

Fund seeks to redeem property loan facilities of at least €124m in High Court action


The Four Courts: An investment fund is seeking to redeem what it says is some €124 million to €125 million in loan facilities on a significant commercial property portfolio due to be sold by receivers, the Commercial Court heard. An investment fund is seeking to redeem what it says is some €124 million-€125 million in loan facilities on a significant commercial property portfolio due to be sold by receivers, the Commercial Court heard. Goldstein Property ICAV is also seeking an injunction preventing receivers appointed by RELM loan firms, which provided the facilities, from selling the properties. On Monday, Judge Mark Sanfey admitted to the fast-track Commercial Court the case brought by Goldstein against RELM Loan Opportunities 2 DAC, RELM Loan Opportunities 3 DAC, RELM Loan Opportunities 4 DAC and against receivers Ken Fennel and Brendan O’Reilly. Goldstein claims it is entitled to redeem loan facilities made to it by the RELM defendants.


Source: The Irish Times March 24, 2026 08:57 UTC



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