A company called Orsay Ltd says it agreed a sale with the receivers of Paddy McKillen Jr's pub in Clonskeagh but receivers terminated the deal because of an alleged breached confidentiality clause.
The founders of Senoptica have hit back in the Circuit Court against a move by loan-note holders to appoint an examiner to the business. They now want a joint examiner appointed.
In a hotly contested court hearing, the rescue package for the Irish airline was described as a "hostile takeover" by existing shareholder SARA. Its interests will now be wiped out in favour of Danish aviation investor Lars Thuesen.
The businessman behind a hotel and two city-centre Dublin pubs accepts he traded recklessly and will be disqualified as a director for a period yet to be determined by the court.
Ukrainian Max Bulgakov built up a nationwide chain of stores and a wholesale distribution business with his once friend Alexander Vakiy before they fell out. Now his former legal advisors are chasing him for €115,000.
Creditors agreed to the wind-up of the companies, which owe millions of euro. Meanwhile, a separate row between McKillen Jr and his property lender Relm is escalating in the High Court.
Holders of loan notes in Arena Capital Partners are facing losing up to three quarters of their money. A group of them are forming a committee to represent their interests.
Doors and windows company, DK Windows, caused a stir when it collapsed last December with over 200 customer orders on its books.
Founded in 2014, Arena has interests in wind and solar as well as affordable housing. The High Court heard it has “unsustainably high” debt and must be restructured by Shane McCarthy, an examiner from KPMG, to survive.
New data sheds light on the Small Company Administrative Rescue Process, revealing low uptake, mixed outcomes, and surprising patterns in jobs saved — as well as the limited role of Revenue’s veto.
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