The Revenue Commissioners has found itself in the unusual situation of being an unsecured creditor and it is objecting to a scheme of arrangement for the Northern Irish fit out firm that will see it take a multi-million debt writedown.
Derry-based construction company Errigal is to invest in the award-winning fit-out firm in a move that will likely take Mac-Interiors out of examinership. Creditors will get to vote on the investment deal later this month.
The former Anglo Irish Bank obtained startling evidence that helped force the Quinn family settle their mammoth dispute with the bank last year. That evidence has never been made public. Until now.
Cutting deals with shady figures and shadowy firms. Following a global trail of offshore shelf companies. The story of how IBRC forced the Quinn family to surrender has never been told. Until now.
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