Irish hospitality tycoon McKillen Jr. insolvent with €270 cash, €28m liabilities

Paddy McKillen Jr.'s Press Up hospitality group has collapsed, leaving him with €270 in a Revolut account against liabilities of nearly €28 million, as revealed in the High Court. The case highlights the fragility of leveraged hospitality ventures in Ireland's post-pandemic market. The development signals potential distress in the Irish commercial property and hospitality sectors, though it is primarily a personal insolvency matter.