Northern Irish construction firm Errigal has walked away from a proposed €3.75 million examinership investment deal in insolvent fit-out company Mac Interiors, the High Court has been told. Lawyers for examiner Kieran Wallace of Interpath Advisory confirmed Tuesday afternoon that he is now engaged in “intensive discussions” with a potential new investor to save the building company after Justice Michael Quinn rejected his original scheme last week following objections by the Revenue Commissioners on how the creditor classes were composed. The judge has given the examiner until 10am tomorrow morning to put forward a modified scheme of arrangement that will…
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