Logo
Logo
  • Stories
  • Voices
  • Podcasts
  • Events
  • Search
  • Log In
  • Subscribe
  • Stories
  • Voices
  • Podcasts
  • Events

Follow Us

Full coverage: Insolvency

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

More than two-thirds of Scarp companies have exited successfully

A little over a year after it was first introduced Scarp, the examinership-lite process, has proved a successful lifeline for Irish firms in financial distress. The next twelve months are likely to see a further uptick in its uptake.

Rosanna Cooney
13th Jan, 2023 - 2 min read

Datech-led consortium in pole position for Cork’s Altada as staff rebel

A group of investors that includes Eddie Jordan, Elkstone, Princeton and others has edged ahead for the insolvent Cork AI firm. But staff are objecting to the deal.

Tom Lyons
12th Jan, 2023 - 2 min read

“Insolvent on a balance sheet basis”: New reports shed light on why Musgrave sought bankruptcy protection for one of its franchisees

A company controlled by the Cork retail group sought a creditor-led examinership of Lanney’s SuperValu in Ardee earlier this month. Two reports from Deloitte reveal why Musgrave felt the need to petition the court.

Tom Lyons
15th Dec, 2022 - 3 min read

As bidders circle, a US investor acquires a minority slice of Altada’s debt

The buyer of loans owed by the Cork artificial intelligence start-up in receivership has a long history with the company. The move comes as bidders express interest in acquiring the business.

Tom Lyons
8th Dec, 2022 - 2 min read

As Bombay Pantry scraps for its survival, what does the future hold for Ireland’s embattled restaurant sector?

Bombay Pantry, the Indian takeaway food chain that operates six outlets across Dublin and Wicklow, has now sought bankruptcy protection from its creditors, a further sign of the growing strain on the sector. What do insolvency experts say about the future of restaurants?

Ian Kehoe
6th Dec, 2022 - 5 min read

Theya Lingerie backers braced for heavy write-downs as the award-winning company seeks to restructure

Theya Lingerie was founded by Ciara Donlon to provide women with post-surgery underwear. Selling across Europe and the US, it has now run out of road and its rescue plan through Scarp could lead to a sale.

Rosanna Cooney
22nd Nov, 2022 - 2 min read

“It’s about the protection of jobs”: The company behind entertainment.ie is seeking a fast-track rescue plan

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.

Rosanna Cooney
14th Nov, 2022 - 2 min read

Altada hoped to deal with Darktrace founder Mike Lynch but now a receiver has gone into the troubled AI firm

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.

Tom Lyons
11th Nov, 2022 - 2 min read
« Previous 1 … 5 6 7 8 9 … 12 Next »
Logo
  • Advertise
  • About
  • Contact
  • Terms and Conditions
  • Privacy

© 2025 Currency Media Limited

Sign In

Forgot your password?
Logo

Not a subscriber yet?

Create an account