The shutdown of the global tourism industry has claimed its first high profile Irish corporate victim. A High Court judge this Friday appointed KPMG as provisional liquidator to the Dublin-based travel agents Usit along with its parent company Kinlay Group. Travel and educational activities, the two pillars of Usit’s business, have ground to a halt around the world and the group finds itself hitting the wall despite additional investment by its owners in recent years. Kieran Wallace and Andrew O’Leary of KPMG have been appointed joint liquidators. The company synonymous with J1 visas and student tours for generations of Irish…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.