The winding down of a Lufthansa contract is among the “financial and logistical difficulties” facing the airline, the court heard. It is the second time in five years CityJet has been granted court protection.
An independent expert report has been circulated to creditors of Instrotec, a specialist company with a proud history. The report reveals three major issues with contracts in Ireland, Sweden and the Netherlands.
The Dublin-based hospitality group is behind 12 popular venues. It now seeks examinership after alternative lender Relm demanded the repayment of guarantees.
Founded in 2000 by Donal and Donna Johnston, specialist electrical and instrumentation contractor Instrotec has a proud history. It is now, however, seeking the protection of the courts.
The existence of a Revenue audit was not disclosed when an interim examinership was first pursued in court last November. A company director maintained this was “inadvertent” and not down to bad faith.
The engineering firm has gone into liquidation. It shrunk from 45 staff in 2023 to just 10 last year and hoped for big contracts and outside investment to save the business. They didn't come through.
The Bray-based engineering firm was hoping that €47 million worth of contracts would be awarded in early January and save the company from liquidation. They haven't been and so its fate will be decided later this month.
The High Court has granted the Bray-based engineering firm a "tight" examinership. The company is betting on winning a €47m contract and securing outside investment in its attempt to avoid liquidation.
From the RTÉ Guide to food packaging for Musgraves, Drogheda-based Boylan Printing has an enviable client list. But Covid-era debt and soaring energy costs have left it millions in the red.
Founded by Frank Carroll and Alfred Cochrane 40 years ago, Alfrank Designs is facing mounting debts after several loss-making years.
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