An interim examiner has been appointed to Irish medtech firm HealthBeacon, which has liabilities of €6.37 million and literally “no more gas in the tank”, according to submissions before the High Court. Justice Rory Mulchay ruled Friday afternoon that it was appropriate to appoint insolvency practitioner Shane McCarthy of KPMG to the publicly-listed Dublin-based firm following an ex parte petition by its directors, which include former tánaiste and health minister Mary Harney. The judge noted the “slightly unusual circumstances” of the case in which the company’s ability to continue operating was entirely contingent on third-party funding of €1.85 million that…
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