For David O’Shea, the news that the Central Bank was stepping in to liquidate his investment company might have come as a relief in the end. O’Shea had been fending off the Central Bank for three years. He had operated as a one-man board and fulfilled many of Blackbee’s senior management functions. He had tried to wind down the business without much success, and tried and failed to sell it. In a statement today, the Central Bank revealed the decision to liquidate Blackbee Investment Limited came at the end of a three-year process. It said it had been engaged with…
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