Planning permission will be sought in the coming days for the first phase of a proposed €2bn town centre development in Cherrywood, south Dublin.
US property company Hines and King Street Capital previously paid more than €280m for a 400-acre site - it will submit applications for three large amenity parks and 5.4km of new roads.
The developers intend to complete the first phase of the project in 2016 when 1,400 of the planned 3,800 apartments will be made available.
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Cleary liquidation could face legal challenges - formal opposition from OCS Operations, the trading company of the store is expected to be presented at the High Court today.
KPMG, who are joint liquidators, are due to give an update on their progress to the court this morning.
Businesswoman Lorraine Sweeney, who owned cafes in Clerys is planning to make an application to the court at the same time as the liquidators, although the content of this submission and the nature of her objections are unknown.
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Minister for Justice, Frances Fitzgerald is expected to bring legislation to Cabinet tomorrow which would reduce the terms of bankruptcy in Ireland to one year.
The Irish Times reports that a final draft of the proposed new rules were discussed by the departments of justice and finance and that there is "full agreement" that the term should be reduced.
It reports that final discussions relate to the terms under which individuals exit bankruptcy.
This would mirror the policy in the UK and aims to end 'bankruptcy tourism' as many Irish people choose to move to the UK to declare bankruptcy.
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The International Monetary Fund (IMF) is expected to approve the inclusion of China's yuan in its special drawing rights (SDR) basket of elite world currencies.
China asked for its currency to be included over a year ago - it was initially feared that it was too tightly controlled to be part of the group.
This is of symbolic significance - many officials have said that the IMF has bent its own rules to allow the currency to be included.
