Entertainment industry investor Mike Ormonde has moved to appoint a process advisor to the parent company of Packed House, which runs several advertising websites. He explains why.
Just a few months after lending debt finance to Altada, a group of Irish investors have appointed a receiver to the firm. How its founders will respond remains unclear.
Damien Grey, the chef-owner of two-star Michelin restaurant Liath, is first and foremost a businessperson. He spoke to The Currency about his obsession with numbers, the storm facing his sector, and having integrity above all else.
In picturesque Waterville, a long-favoured holiday spot for golfers, one historic hotel fell behind the times. Its fate has now been decided in the High Court between a London businessman and a Kerry local.
Shareholders, suppliers and the landlord of Brasserie Sixty6 are among the creditors expected to suffer severe write-downs while co-owner and chef Dylan McGrath is preparing to lend fresh cash to rescue the business.
The plant-based food business is stocked nationwide and has three Dublin premises. After a period of rapid growth, it has now appointed an insolvency expert under the Scarp scheme.
As managing partner of Mazars, Tom O’Brien leads a growing firm in an industry in flux. In this interview, he talks about being a liquidator during the crash, his ambitions for Mazars and the outlook for the Irish economy.
Pharmapod’s assets were sold last year through a pre-pack receivership for around €1.5m. Now, creditors of the Irish software company are poised to wind up the remnants of the company.
First, it went into examinership. A liquidation followed. Now, the company behind Slendertone has gone into receivership following a move by its main backer, the British lender Beechbrook Capital. The move could yet salvage the brand.
The High Court has appointed a liquidator to Galway-based wearable technology company Bio-Medical Research, the maker of Slendertone. The business had been in examinership since March but had failed to find a new investor.
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