As Judge Brian Cregan phrased it: “This is very choppy waters now, for everyone.” So what happened over the past week to bring Altada, Cometgaze, Datech, creditors, and employees into this period of squally swell?
In terms of value, the insolvent Cork artificial intelligence firm was described as a "melting ice cube"; without a quick sale staff will leave and there will be nothing left. But a liquidation report has raised "weighty" concerns about the company's borrowings and spending.
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