Revenue Summons Press Up Co-founder Paddy McKillen Jnr in Legal Move
The Revenue Commissioners have initiated legal proceedings against Paddy McKillen Jr., co-founder of the Press Up Hospitality Group. This summons, filed in the High Court this week, highlights the ongoing tax issues surrounding McKillen Jr.’s business dealings.
Background on Paddy McKillen Jr.
Paddy McKillen Jr. is a prominent restaurateur and hotelier, known for establishing a major hospitality enterprise in Ireland. He is the son of Belfast-born property magnate Paddy McKillen Sr.
Revenue Summons Explained
The summons filed by the Revenue Commissioners serves as a formal process to recover owed money, typically concerning unpaid taxes. A spokesperson for McKillen Jr. noted that the case revolves around Covid-related taxes already addressed through phased payment arrangements.
- The Revenue is accused of seeking double payment.
- Refunds for these payments are anticipated in the future.
McKillen Jr. has engaged with Revenue for the past year, making three settlement offers. He remains optimistic about resolving the issue amicably in the near term.
Legal Representation
Ivor Fitzpatrick & Company Solicitors represent the Revenue in this case. They are one of the firms tasked with collecting unpaid taxes on behalf of the government.
Press Up Hospitality Group Overview
Paddy McKillen Jr. co-founded the Press Up Hospitality Group in 2007 alongside Matt Ryan. Their first venture, Captain America’s, was located on Grafton Street.
- The group has expanded to over 50 venues.
- They employ around 2,000 people.
In 2023, they sold a chain of hotels, marking a significant shift in their operations. Last year, the group entered a notable deal with Cheyne Capital, a London-based firm, which acquired a majority equity stake through a debt-for-equity swap. Subsequently, the group has been rebranded as the Eclective Hospitality Group.
Ongoing Legal Issues
In addition to the Revenue summons, McKillen Jr. is involved in a separate Commercial Court dispute regarding three Dublin office properties. This dispute centers around allegations of rent arrears, further complicating McKillen Jr.’s current legal challenges.
As these legal matters unfold, the implications for McKillen Jr. and the Eclective Hospitality Group remain to be seen, particularly in light of their significant contributions to the hospitality industry in Ireland.
