From the perspective of affiliates, "it is too big to fail”, Justice Micheál O’Connell noted as he handed down orders approving the appointment of accountant Joe Walsh as examiner.
Joe Walsh of JW Accountants has been appointed as interim examiner to the Hudson Rooms in the Liffey Valley Centre. Walsh will now prepare a rescue plan for the 10-year-old business.
In May accountant Joe Walsh was tasked, as examiner, with rescuing 25-year-old Instrotec. On Thursday his rescue plan was approved by the High Court. What does it say?
Chinese businessman Colm Wu saw two of his businesses go into examinership last year. One has been rescued by new investors but the other, which owns Mulligan & Haines, is now in liquidation.
The High Court agreed to wind-up the social housing builder after attempts to draw in new investment to Blacklough failed. The company had recently been the target of several attacks, including a masked raid on one of its sites.
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