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An Irish fund sued to reclaim €125M in loans, challenging receivers' sale of commercial properties.
An Irish investment fund, Goldstein Property ICAV, has sued in the Commercial Court to redeem loan facilities valued at €124 million to €125.8 million on a commercial property portfolio, seeking to block receivers appointed by RELM from selling the assets.
Goldstein argues the receivers should be discharged and RELM’s security removed, while RELM claims the redemption amount is higher, between €133 million and €146.6 million including penalties.
The court acknowledged the dispute and set a hearing for the following month.
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Un fondo irlandés demandó para recuperar 125 millones de euros en préstamos, impugnando la venta de propiedades comerciales por parte de los destinatarios.