Valued at over €70 million, Walls Construction Ltd is in the middle of a shareholder battle over diluting equity to reward the new management team. Can the sides reach a "sensible resolution" out of court?
Concerns about dividend payments were raised by a counter party working with Glenbeigh on the construction of 107 apartments in Dundrum in south Dublin.
Unable to pay its debts, Blacklough Construction, which has been building hundreds of social homes in Dublin and Louth, has had an interim examiner appointed by the High Court. It blames a dramatic rise in building material costs for its troubles.
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