Niall McGarry remained silent as creditors placed both the Irish and British units of Maximum Media into formal insolvency processes. In new court documents, however, McGarry sets out his side of the story, and rejects many of the claims that have been aired against the business in court. With the Irish business in examinership and the UK business in administration, McGarry states in a new affidavit that he will support the creditor-led examinership of his business. KPMG accountant Shane McCarthy has been installed as interim examiner in Ireland, and McGarry says he is “firmly of the belief that the company…

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