O'Reilly, former owner of Independent newspapers labelled insolvent

o'ReillySir Tony O’Reilly, Ireland’s first billionaire tycoon and former owner of the Independent newspaper titles, has been labelled insolvent and left pleading with a Dublin court for more time to sell off assets – including his 750-acre Castlemartin stud in county Kildare – as he battled to stave off creditors’ demands.

For the full story read The Guardian