EMI-MR Investments has withdrawn its objections to a rescue plan for Dylan McGrath’s Brasserie Sixty6 under the small company administrative rescue process (Scarp). The decision by the Mercantile Group-linked company to end its action allowed the Scarp process to be approved this Monday morning. A separate but related case being taken by billionaire waste entrepreneur Eamon Waters against EMI-MR Investments is also being withdrawn as part of a wider de-escalation of what threatened to become a major legal battle between some of Ireland’s wealthiest business people. Neil Hughes, the chief executive of Azets Ireland, advised the company behind Brasserie Sixty6…
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