Friday, April 15, 2011

The Light House goes dark

Following a successful winding up petition sought by landlord/developer John Flynn in the High Court in Dublin this morning the Light House Cinema has ceased trading with immediate effect.

I wrote about the situation previously here and here.

Mr Flynn claimed he was owed €157,000 in unpaid rent and that his tenant was unable to pay it. Mediation between the parties had failed to resolve the dispute which seems to have been forced by the landlord's obligations to NAMA and by the cinema's difficult trading circumstances in the incomplete regeneration of the Smithfield area.

A sad day.

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