Full coverage: liquidation

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.

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.

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.

When it opened in 1976 there was nothing like Alias Tom in Dublin. Times change, however, and now the well-known store has gone into liquidation.

Members’ voluntary liquidations increased in number but realised smaller assets for their shareholders in 2023.

Court filings and company documents reveal the battle to keep the Health Store retail chain alive and shed light on what went wrong for the retailer.

A provisional liquidator was urgently appointed last week to protect creditors' interest in Clonmannon House, a property valued at circa €4 million. This Monday, the company was wound up following a petition by a Chinese investor.

Clonmannon was a Co Wicklow estate with 44 bungalows, ready to be transformed into a retirement village. Chinese investors put millions of euro into the project. Now they are trying to pull the plug on the business over alleged debts and fears of asset dissipation.

The hunt to recover assets for Irish investors stung by the collapse of the Germany property investment scheme sprawls three jurisdictions.

Concerns about dividend payments were raised by a counter party working with Glenbeigh on the construction of 107 apartments in Dundrum in south Dublin.