The High Court has appointed a liquidator to Thomas Kearns Development Limited, the company that was behind the building of a major hotel, golf course and residential development on the outskirts of Longford town.

The Radisson hotel chain had intended to run the hotel at Carriglass. The proposed development was estimated to be worth about €160m with the potential to create 300 jobs.

Liquidators FGS will now start a review of the company's books and records and will engage with all of its creditors and stakeholders.