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Full coverage: Insolvency

In the early months of the pandemic, Blackbee pushed clients into office and nursing home debt

With offices shut and nursing homes locked down, Blackbee directed clients into the credit of offices and nursing homes. An update to clients shows how the investments are performing.

Sean Keyes
23rd Jun, 2023 - 4 min read

No clear path forward for Solar 21 investors, lawyers say

Law firm Crowley Millar has said it is concerned investors might feel under pressure to approve the restructuring scheme proposed by the company and this could “sow seeds of mistrust amongst the investors and the brokers”.

Tom Lyons
16th Jun, 2023 - 2 min read

Major Irish-owned UK construction contractor enters administration

Henry Construction Projects had over £400 million in revenue in 2021 and is led by its founder, Irishman Mark Henry.

Tom Lyons
13th Jun, 2023 - 2 min read

Having raised more than €12m from investors, The Naked Collective is calling in the liquidators

The Naked Collective, a healthy drinks company founded by Niall Phelan and Cat Butler, was plotting an international expansion. However, it has now summoned creditors to a meeting to wind up the business.

Tom Lyons
29th May, 2023 - 2 min read

Kit deals and defaults: How the perfect client led to a perfect storm for supply chain finance company

Back in 2013, two Irish businessmen sought to replicate the model of a Swiss trade finance firm. Almost a decade later, it has collapsed. This is the story of tax breaks, unregulated loan notes, and a disastrous deal with the former kit supplier to the FAI.

Ian Kehoe
19th May, 2023 - 8 min read

Reclaiming Old Trafford: Liquidators secure ownership of missing Boxer Logistics directors’ home

Company directors pursued for €12.4m used to live in a house on the Meath-Dublin border. Liquidators have claimed they purchased the property with company money.

Thomas Hubert
17th Apr, 2023 - 3 min read

Backed by food industry heavy hitters, Fiid seeks rescue plan

The vegan ready-made brand was expecting new funding last October but has now entered an insolvency restructuring regime.

Thomas Hubert
29th Mar, 2023 - 2 min read

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
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