Last Thursday night at 10pm, David Andrews, Elaine Russell and Niall McHugh held the series of emergency board meetings they had frantically tried to avoid for the previous two weeks. By the time they were finished, the three directors had pulled the plug on four separate companies in the Usit travel and education group, resolving to have them wound up in the High Court the next day. On Friday, the court accepted their petition and appointed Kieran Wallace and Andrew O’Leary of KPMG as provisional liquidators to Usit Ireland Ltd; School and Group Tours Ltd; Dublin College of Business Studies…

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