NAMA tries to protect its position at builder Chieftain

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NAMA tries to protect its position at builder Chieftain - Emmet Oliver → independent.ie/business/iris … 35754.html

NAMA has moved to protect its interests in the Chieftain Construction company, one of the biggest housebuilders in Munster, which also has interests overseas.
Early in January Chieftain Construction went into voluntarily liquidation after a creditor’s meeting was called, but NAMA has now decided to put in its own receiver into the company and related subsidiaries.
Notices are due to appear today appointing Gearoid Costelloe of Grant Thornton as a receiver for all the property and assets belonging to Chieftain.

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