Appointing an examiner to Dublin confectionery firm Broderick’s will jeopardise a €1.8 million investment by its majority shareholder and Enterprise Ireland (EI) for an uncertain “roll of the dice”, it has been put to the High Court. These are the claims of the firm’s controlling stakeholder Starkane, which is vigorously opposing an examinership petition brought by Barry Broderick, a minority shareholder, who claims the food business is balance sheet-insolvent with debts of €9 million and at risk of collapse. While Broderick’s lawyers have identified an expression of interest from a potential investor if an examiner is appointed, the court heard…

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