The founders of Altada once predicted it would be worth $1bn but instead, it went into liquidation. Now there are questions about spending at the start-up, which its founders are expected to defend.
In terms of value, the insolvent Cork artificial intelligence firm was described as a "melting ice cube"; without a quick sale staff will leave and there will be nothing left. But a liquidation report has raised "weighty" concerns about the company's borrowings and spending.
Leech Papers ran a confidential shredding service in Dublin's north docklands. But its own books and records were called into question over the apparent dissipation of nearly €900,000 of company funds. Now the business is in liquidation.
© 2026 Currency Media Limited
