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Liquidator put into another former Dolphin Capital entity German property security to cover €36m in existing MUT 116 liabilities uncertain
Wed, Apr 28, 2021, 19:29
The High Court has appointed joint provisional liquidators to an Irish firm linked to the collapsed German Property Group, formerly Dolphin Capital.
Mr Justice Senan Allen was told on Wednesday that the application to appoint provisional liquidators to Dolphin MUT 116 Ltd was being moved for reasons including the High Court having last month granted a woman’s petition to wind up another Irish company in the group, MUT 103.
The German Property Group collapsed last year after taking more than €1 billion from investors in Ireland, Britain, Asia and elsewhere.