Full coverage: Insolvency

The Currency has identified over 30 companies or business names connected with the directors of B Logistics over the past 20 years. They have one thing in common: All have failed.

New documents lay bare the financial plight of XS Direct, revealing details of how much the main creditors, including Beach Point Capital, are owed. They also disclose efforts to sell the company’s insurance book and intellectual property.

David Andrews lost his student travel business in the first Covid lockdown, then rebuilt it in Ireland and in the UK around summer work programmes. As customers complain of delays, can Usit be reborn yet again?

Mallinckrodt, a 155-year-old US pharmaceutical manufacturer, came to Ireland in 2013 to set up an intricate corporate and tax structure. After thousands of legal actions threatened to shut it down, its salvage deal has just cleared an Irish examinership.

Quoted Australian company Calix was set to acquire Co Louth firm Premier Periclase out of examinership. However, it has now pulled out due to spiralling gas prices and the only other bidder wants to reduce its 94 staff by 66%. What happens next?

Only a fraction of the €42m raised from Irish investors through an investment vehicle into a collapsed German property scheme is likely to be recovered, Myles Kirby has said in an update to creditors on the “complex” liquidation.

Private equity-backed Interpath still has big plans to launch in Ireland, having hired five senior insolvency partners from KPMG and Deloitte. But talks with Deloitte to buy a team of people are over.

Gaps and inconsistencies in company records have complicated the liquidation of Doonbeg Holdings, the former owner of the five-star golf resort now controlled by Donald Trump.

The former directors of a luxury car importer and exporter are being pursued for the tax debts of the company, which are said to exceed €2 million.

XS Direct has ceased renewals for both direct customers and brokers in Ireland. It is not the first player to exit the market here. And given the malfunctioning industry, it will certainly not be the last.