Sunday 19 February 2017

Trouble brewing for tea dynasty scion

AIB could secure a stake in Barry's after a property project set up by a 'merchant prince' collapsed, writes Ralph Riegel

Published 04/07/2010 | 05:00

IT is the polar opposite of the 'Golden Moments' that one of Cork's most famous merchant prince families are normally accustomed to.

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In fact, the timing could not have been worse for the Barry family.

Last week, the High Court decision to grant Allied Irish Banks (AIB) a charging order against Donagh Barry over an €8m loan judgement came just a fortnight after his father, former Tanaiste Peter Barry, received the Freedom of Cork -- the highest honour his native city can bestow.

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