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Since 1985, the Lanney family has run the SuperValu supermarket in Ardee, Co Louth which is currently at the centre of an insolvency battle over background debts of around €27 million. And it is clear from court filings, after 38 years, the family members are not ready to let go of the business. As company directors, they are opposing Musgrave’s push for a creditor-led examinership of the retail outlet and accuse the Cork retail giant of improper motives in seeking protection for the store which employs 80 people. The “ulterior” motive alleged to be driving Musgrave is a desire to…
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