The owner and co-founder of the Dublin luxury furniture manufacturer Alfrank Designs bought his own company out of examinership after foregoing over €1 million in shareholder loans, new company information shows. The company, which specialises in architectural furniture, including its signature marble-top tables, entered examinership last September after four decades in business. As reported at the time, an independent expert report, prepared by accountant Cormac Mohan of Fitzwilliam Corporate, found that Alfrank Designs was facing a €1.7 million deficit. This amount was on the assumption that it continued trading, which Mohan found was the best option on the condition that…
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