High noon for developer Paddy Kelly, who faces run-in with the sheriff over unpaid rent arrears – The Irish Times

When property developer Paddy Kelly went bust in 2009, he had debts of more than €350 million. The amount owed by his wife, Maureen Kelly, to the landlord of the couple’s house on Morehampton Road in Dublin 4 is not quite as daunting but it’s still a record amount ordered to be paid by the Residential Tenancies Board.

In November in the High Court, Mr Justice Conleth Bradley dismissed Maureen Kelly’s appeal against a 2023 order of the RTB that the couple vacate the handsome redbrick home and pay landlord Miracove Holdings €60,000 in rent arrears, the maximum it can award, but increased it by a daily rate of €136.99 backdated to October 27th, 2023.

Given the passage of…

Source link

Leave a Comment