Tuesday 16 January 2018

Ronald Quinlan: Cold revenge as McKillen grilled in hotel legal battle

Irish developer endures Barclays' cross-examination in fight for London top hotels, writes Ronald Quinlan

QUEENSBURY rules were dispensed with weeks ago. When Paddy McKillen sat into the witness box at London's Royal Courts of Justice last Thursday to be cross-examined on the details of his personal finances, it was bare-knuckle boxing all the way from Queen's Counsel for the billionaire Barclay brothers, Kenneth MacLean.

With the future of three of London's most celebrated institutions -- Claridge's, the Berkeley and Connaught hotels -- at stake, lawyers for David and Frederick Barclay are clearly determined to employ any means necessary to oppose Mr McKillen's bid to have Nama's sale to them of €790m of loans associated with the Maybourne Hotel Group overturned.

With the first three weeks of this titanic legal battle variously dominated by frequently embarrassing revelations in relation to their dealings with and financial support for the former high-flying financier Derek Quinlan, last Thursday and Friday, counsel for David and Frederick gave Mr McKillen a serving of cold revenge.

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