The High Court is being asked to appoint an interim examiner to Irish medtech firm HealthBeacon after hearing the company has run out of cash and that there is literally “no more gas in the tank”. Senior counsel Kelley Smith is moving the ex parte petition on behalf of the directors of the publicly traded company in “unusual” circumstances where the business is completely out of money and is unable to satisfy this month’s payroll without protection from its creditors, Justice Rory Mulcahy was told. However, the court has heard that if insolvency practitioner Shane McCarthy of KPMG is appointed…

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