Logo
Logo
  • Stories
  • Voices
  • Podcasts
  • Events
  • Search
  • Log In
  • Subscribe
  • Stories
  • Voices
  • Podcasts
  • Events

Follow Us

Full coverage: liquidation

“Robbed of our economic interest”: How a maze of investments and asset transfers sparked a legal tussle

Wealthy Ohio chicken farmers Mary and James Wenning say they invested funds with Jeff Leo and trusted him when he told them to transfer their share interests. Now they claim he usurped their voting rights, leaving them millions out of pocket.

Francesca Comyn
28th Feb, 2025 - 7 min read

“Private jets, five-star accommodation, teachers’ wages, nightclub bills” and directors who “contest” it all

The liquidator of Altada has told the AI start-up's creditors of 10 issues of concern but its founders say “they acted honestly and responsibly at all times.”

Tom Lyons
20th Feb, 2025 - 4 min read

New Look’s Irish demise: The end of the road for the high-street fashion brand

Long-suffering fashion brand New Look is to close in Ireland. The removal of financial support from its UK parent was the final blow in a long story of decline.

Francesca Comyn
20th Feb, 2025 - 4 min read

SCIO Capital moves to shore up exposure to Bernard McNamara property vehicle

Stranwil Limited recently built a 196-apartment complex and sold it to the LDA for €67.8 million. Yet, it still went into liquidation in January alongside two other vehicles, with combined multi-million-euro debt.

Niall Sargent
18th Feb, 2025 - 2 min read

More woes for the owners of The Green Hen as another firm goes under

Two months after the French-style bistro went bust, Revenue has moved against another group entity over debt. The company Taurus Management Consultancy Ltd used to operate The Grand Social before the venue was sold.

Francesca Comyn
17th Feb, 2025 - 2 min read

Another Black Bee entity falls: Liquidators appointed to Cork holding company

Companies in the investment group have been falling like dominoes as a garda investigation into alleged criminality at the business continues.

Francesca Comyn
10th Feb, 2025 - 2 min read

Disqualification proceedings: “Entirely improper” transactions alleged at Colm Wu’s companies

Liquidators assigned to several companies controlled by Colm Wu, a hospitality operator who ran venues including gastropub Mulligan & Haines, have alleged there were transactions made at some of those businesses that amounted to fraud.

Francesca Comyn
27th Jan, 2025 - 2 min read

Devondale Limited has gone into creditors’ voluntary liquidation after Kildare land dezoned for houses

The special purpose vehicle, controlled by property developers Brian and Anthony Durkan, borrowed heavily from Irish Nationwide for a €750m development in Celbridge which stalled over zoning changes. It has now sold off its last Co Kildare asset and is winding up.

Niall Sargent
10th Jan, 2025 - 3 min read

Another BlackBee domino falls as court rules investment vehicle to be wound up

City Quarter Capital II, an investment company within the BlackBee group, failed to file accounts since 2018 and was described by a High Court judge as “manifestly insolvent” in a ruling on Friday.

Thomas Hubert
29th Nov, 2024 - 6 min read

“Unjust enrichment”: Siac creditor takes aim at investors over multi-million dispersal

The row centres on money allegedly due to creditors from two multi-million euro payouts to Siac in Polish litigation after a major roads project went wrong and derailed the business, now in liquidation.

Francesca Comyn
20th Nov, 2024 - 5 min read
1 2 3 4 Next »
Logo
  • Advertise
  • About
  • Contact
  • Terms and Conditions
  • Privacy

© 2025 Currency Media Limited

Sign In

Forgot your password?
Logo

Not a subscriber yet?

Create an account