This just in from the Sofia Echo:
The website of Kendar Holdings, the investment company owned by solicitor Michael Lynn, has been suspended, the Irish Independent reported on October 22 2007.
Lynn, who has over 105 properties in Slovakia, Bulgaria, China, Spain, England, Dubai and Ireland, was alleged to have taken out multiple mortgages on several properties with major Irish banks, with alleged loan liabilities of more than 26 million euro…
The website was suspended on October 21 after a week in which several banks moved to protect their loans and recover some 26.3 million euro owed to them by Lynn.
The court case against Lynn would continue on October 22, the Independent reported.
This might explain why no one returned my emails when I was selling Kendar.com a few months ago!
0 Responses to “Real estate investor disappears”