Cold Move was the country’s largest food and retail import and export facility at Dublin Port before it collapsed into liquidation in March last year following an unsuccessful examinership process. Faced with insolvency in December 2019, the directors of Cold Move Dublin and its parent company Malonevale sought protection from their creditors with the appointment of Dessie Morrow of Baker Tilly as examiner. A dysfunctional management team, overtrading, cash flow difficulties and inadequate working capital had brought the company to the precipice, the court heard, after a strong first decade of growth averaging 20 per cent a year. But the…

Want to continue reading?

Join today and get full access to The Currency and The Wall Street Journal – TWO premium memberships for the price of one.

Subscribe

Cancel at any time.

Are you already a member? .