Over three days late last month, the High Court heard details of the debts and divisions engulfing the Dublin confectionary company, Broderick’s. Minority shareholder Barry Broderick, a company director and son of the firm’s founders, had brought a petition asking the court to appoint an examiner to the company on the basis that it was balance sheet insolvent with debts of €9 million. The firm hires more than 100 people at its production facility in Tallaght. Barry Broderick’s lawyers argued the company was on a cliff edge financially and needed breathing space from its creditors to restructure its liabilities. But…
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