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