James Anderson of Deloitte has been appointed as a receiver to Harmonstown Motors Ltd, the well-known car dealership in Raheny, North Dublin. Anderson was appointed receiver to the company by Everyday Finance DAC, a subsidiary of Link Financial Group. Everyday Finance DAC is a loan servicing provider acting for investment fund Cereberus. Harmonstown Ltd had debts of about €1.6 million prior to the appointment of Deloitte, which is working with staff of the business on an orderly wind-down process. This will involve selling cars and other stock of the business and completing outstanding car service work. The principal asset of…
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