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Tue 07 Jul 2010Judge calls €72,000 valuation of builder's estate 'extraordinary'

ONE OF the State’s largest builders and property developers, the late Liam Maye, had an estate that was valued at €72,000 in June 2008, the Commercial Court in Dublin heard yesterday.

Mr Justice Peter Kelly described the valuation as “extraordinary”. Mr Maye was a founder director and shareholder of the Castlethorn construction group, which built the Dundrum shopping centre and the Adamstown residential development in west Dublin. The group has been operating since the 1980s.

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