We look forward to assisting the court-appointed liquidator, Declan De Lacy in investigating the affairs of Huawen Foundation Limited and fully utilising the powers afforded to a liquidator by the Companies Acts of 2014.

According to our client’s provisional liquidators report to the High Court, approximately €66 million was transferred out of the Huawen Foundation Limited (which owns the Nuremore Hotel & Country Club) to affiliated entities.

 

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