A 78-year-old Cork woman has petitioned the High Court to wind up an Irish firm owned by a collapsed German property company. He said Mrs Dineen has multiple sclerosis and suffered a stroke three years ago. The loan note was for three years and she was due to be repaid in February 2020. He said Mrs Dineen, through her son, had written seeking the money be repaid and a formal demand was made in August last year. She said there was a very complicated process involved and creditor meetings of Irish loan note holders to assess future options could start as early next week.

Source: Irish Independent March 02, 2021 02:37 UTC