Clybaun Hotel's future in the balance


Date Published: 03-Oct-2008
The future of the Clybaun Hotel in Knocknacarra hangs in the balance after a liquidator was appointed in the High Court this week to run the premises. The three-star hotel on the Western Distributor Road — which employs around 50 staff — has been given permission by the High Court to continue trading, despite its parent company being wound up.A spokesperson for accountancy firm PricewaterhouseCoopers (PWC) — which is overseeing the liquidation process — told the Galway City Tribune on Wednesday that a decision on the hotel’s future will be likely “in the coming days and weeks”.On Tuesday afternoon, an order was made by Mr Justice Barry White in the High Court appointing Billy O’Riordan of PWC as official liquidator to the Clybaun Hotel and two other hotels which were operated by the Dunne Hotels Group.“The company was in examinership since June 27, and that process hasn’t worked. We went into court and Billy O’Riordan was appointed liquidator to the company. “It’s too early to say what will happen. We were only appointed liquidators at 2.45pm [on Tuesday]. We are considering all options open, and there are a lot of options. We will.....
