Friday 9 December 2016

O'Reilly's firm is out of Nama, but it's not out of the woods

Published 30/09/2015 | 02:30

Developer Joe O'Reilly.
Developer Joe O'Reilly.

Joe O'Reilly is out of Nama at last, but his joy at exiting the state bad bank may be relatively short lived.

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Like other developers before him, Mr O'Reilly's company, Chartered Land, is not debt free.

Instead, its banker has been replaced with a new one.

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