https://twitter.com/chippie1974/stat...580289/photo/1
Looks like whoever is owed €7m by Shels will be out of luck if this goes ahead. Accolade Ltd has the lease on Tolka, that was the old company that ran Shels in Ollie's time if I remember rightly. Wonder who the current directors are? What security do the people, Ossie Kilkenny and others apparently, who advanced money to Ollie on the strength of a ground sale have?
Bohs will be relatively ok if they can get the various institutions to accept the deal though it's hardly in their best interests to do so with the Dublin property market picking up again.
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