Bernard McNamara discharged from bankruptcy
Mr. McNamara was scheduled to be clear from bankruptcy in November last year but that process was delayed after a challenge in the UK courts.
The Shelbourne, the Burlington and the Parknasilla Hotel in Kerry were among McNamara’s jewels at the height of his property empire.
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No doubt the most infamous property deal will be remembered as the former Irish Glass Bottle site in Dublin, which a consortium he was involved in paid €412m for in 2006. Current value put the site at a value in the region of aprox. €40m.
In early 2011 McNamara moved to London in an effort to get a fast track bankruptcy.