Homebuyers who lost deposits of up to €20,000 on apartments after a development company collapsed have asked the High Court to increase their refunds under a survival plan.
The High Court has heard the report from the examiner appointed to Laragan Developments on a scheme of arrangement for the company which is part of the Hanley Group.
The court was told the company has a deficit of up to €45m.
Lawyers for the examiner appointed to Laragan developments disclosed how the company has liabi... read more »