Damien Grey, the chef-owner of two-star Michelin restaurant Liath, is first and foremost a businessperson. He spoke to The Currency about his obsession with numbers, the storm facing his sector, and having integrity above all else.
In picturesque Waterville, a long-favoured holiday spot for golfers, one historic hotel fell behind the times. Its fate has now been decided in the High Court between a London businessman and a Kerry local.
Shareholders, suppliers and the landlord of Brasserie Sixty6 are among the creditors expected to suffer severe write-downs while co-owner and chef Dylan McGrath is preparing to lend fresh cash to rescue the business.
The plant-based food business is stocked nationwide and has three Dublin premises. After a period of rapid growth, it has now appointed an insolvency expert under the Scarp scheme.
As managing partner of Mazars, Tom O’Brien leads a growing firm in an industry in flux. In this interview, he talks about being a liquidator during the crash, his ambitions for Mazars and the outlook for the Irish economy.
Pharmapod’s assets were sold last year through a pre-pack receivership for around €1.5m. Now, creditors of the Irish software company are poised to wind up the remnants of the company.
First, it went into examinership. A liquidation followed. Now, the company behind Slendertone has gone into receivership following a move by its main backer, the British lender Beechbrook Capital. The move could yet salvage the brand.
The High Court has appointed a liquidator to Galway-based wearable technology company Bio-Medical Research, the maker of Slendertone. The business had been in examinership since March but had failed to find a new investor.
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.
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