An interim examiners' report into a pub owned by businessman Colm Wu found "serious issues" with the business including issues around corporate governance, but it sees the firm as having a reasonable prospect of survival.
Once backed by savvy investors, Scrumdiddly’s has entered the Scarp insolvency process after a rainy summer added to mounting debt pressure.
According to Revenue, persons in control of Phoenix-type businesses may take steps to conceal these criteria. Now the tax authority claims that this is the case in relation to a Wexford logistics business.
Interim examiners were appointed to pubs owned by businessman Colm Wu. An independent expert report has found a "concerning disregard for both internal control measures and adherence to Company Law" in one of his companies.
Killeen Engineering Fabrication built, installed and maintained high-end gates to residential properties and it secured between 50% and 100% of the costs upfront. So, why has it collapsed into liquidation with the potential loss of 50 jobs?
The founders of Altada once predicted it would be worth $1bn but instead, it went into liquidation. Now there are questions about spending at the start-up, which its founders are expected to defend.
The medtech firm began to shed money until there was literally "no more gas in the tank". The appointment of an interim examiner by the High Court today has triggered eleventh-hour working capital funding that will pay staff and keep the business afloat.
Gavin McConnon and Brendan Spratt, who co-own Dumbbell Fitness Ltd, have run out of road for their chain of F45 gyms. In a letter to their creditors, they give their account of what went so wrong for the company.
Having failed to raise €50m, Bio-Marine Ingredients Ireland Ltd is using the recently introduced Scarp process to restructure its debts. But first, it wants the High Court to grant it protection from its many creditors.
PWC has been tasked with assessing the solvency of the leading Dublin-based homeless charity and highlighted the need for exceptional funding over the coming months.
© 2025 Currency Media Limited
