Irish hospitality figure McKillen Jr seeks insolvency protection with €27.8m debts

Paddy McKillen Jr, a prominent Irish hospitality investor, has been granted temporary creditor protection by a judge to pursue a personal insolvency arrangement, revealing debts of €27.8m and bank balance of €270. This marks a significant personal financial reversal for a well-known figure, though the outcome of the insolvency process remains uncertain.