The newly appointed joint liquidators of collapsed builder Glenbeigh Construction Ltd have promised to investigate concerns raised by a development partner about dividend payments of €1.1 million made to the firm’s shareholders in 2022. The company, in voluntary liquidation, was carrying out works at Dublin Airport, Mountjoy prison, and a nine-storey apartment development in Dundrum when it went bust last week. The Court confirmed on Monday the appointment of Dessie Morrow and Diarmaid Guthrie of Azets Ireland as liquidators of the company, following their appointment as provisional liquidators on January 16. Solicitor Grace Armstrong of McCann Fitzgerald appeared in court…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .