The High Court is to decide whether it should revisit plans to save Clare founded home-builders, McInerney.
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The court already ruled against the examiner’s rescue package on the grounds it would unfairly prejudice the firms’ banks who are owed 113 million Euro.
It is now being told that the banking syndicate’s alternative proposal to appoint receivers to the builders is no longer credible because Nama may take over their loans.
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