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Full coverage: Insolvency

Sean Keyes on investing: Why, specifically, Irish bank stocks dropped 16% this week

Silicon Valley Bank's collapse has been noted by Irish bank shareholders. But that doesn't mean the banks are at risk.

Sean Keyes
15th Mar, 2023 - 4 min read

Contagion, Silicon Valley Bank, and the pernicious effect of moral hazard

The warning signs were there, yet very smart people entrusted their companies to SVB. It would seem to make no sense. Why is this happening?

Sean Keyes
13th Mar, 2023 - 6 min read

Ogier Leman makes a legal strike against Cara Pharmacy founders

Cara's former legal advisors are to serve proceedings on Ramona and Canice Nicholas nearly three years after the well-known pharmacy chain collapsed into insolvency.

Tom Lyons
6th Mar, 2023 - 1 min read

€12.4m judgement the latest addition to duo’s checkered business history

Bill Henry and Stewart Alexander started and crashed countless companies in the past two decades, culminating in the liquidation of Boxer Logistics last year – and a court order this week.

Thomas Hubert
1st Mar, 2023 - 2 min read

From $150m valuation to liquidation: What happened to an Irish blockchain business?

Just months ago, Bank of America valued Marco Polo Network at €150 million. Now in liquidation, what went wrong with the company?

Ian Kehoe
22nd Feb, 2023 - 4 min read

Apollo installs receiver over Harcourt Development’s shopping centres; consensual appointment paves way for sale

Acting through a Luxembourg entity, Apollo has appointed KPMG as receiver over six shopping centres, a move designed to facilitate the sale of the portfolio to a Canadian buyer.

Ian Kehoe
21st Feb, 2023 - 2 min read

Michael Halford’s training operation is in liquidation. This is who lost money in the collapse

Michael Halford has trained horses for the Aga Khan and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum. However, his operating company is now in liquidation and documents reveal how much debt it has left behind – and to whom it is owed.

Ian Kehoe
10th Feb, 2023 - 2 min read

€12.4m fraud allegation targets missing directors of collapsed transport business

The creditors of Boxer Logistics, including Revenue officials pursuing wage subsidy payments, are suspended to efforts by the company’s liquidators to track down its former owners through the courts after they left the country.

Thomas Hubert
31st Jan, 2023 - 3 min read

The thin line between funding and failure, Ireland’s cooling property market, and Texas Tom’s tax dispute: Rewinding the week that was

After years of cheap credit and relatively easy funding, we are now on the cusp of a new reality and start-ups will have to learn how to deal with it.

Ian Kehoe
29th Jan, 2023 - 5 min read

Despite securing heavy-hitting investors, an award-winning poultry robotics start-up has gone into liquidation

Five-year-old Iamus enlisted artificial intelligence to assist farmers in their search for efficiency and was backed by a leading family in Ireland’s chicken industry, but this has proved insufficient to bring its product to market.

Thomas Hubert
26th Jan, 2023 - 3 min read
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