Closed: The Vaults Live

The Vaults finally buried with Lagan family owed €4.2 million

The high-profile Dublin tourist attraction, The Vaults Live, is set to be liquidated. Documents reveal the scale of its debts and outline who is owed the money.

26th Jun, 2020 - 2 min read

The Vaults Live, which was billed as Dublin’s newest tourist attraction, is holding a meeting of creditors to liquidate the business just two years after the Lagan construction family rescued it with a multi-million investment.

The decision by Frontier Entertainment Ltd to call a creditors meeting today with a view to voluntarily winding up the business is the first big tourism casualty of the Covid-19 crisis. Prior to its launch in 2018, the Vaults had predicted it would attract 250,000 visitors a year to its live theatrical experience telling the history of Dublin.

A list of creditors reveals that the business owes €4.5 million to creditors....

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