High Court agrees to hear second application for court protection of Carroll’s technically insolvent companies
Aug 24th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The High Court agreed today to hear a second application on Tuesday next week, by embattled developer Liam Carroll to get a 100 days of court protection via the examinership process, for a number of the Zoe group companies, which are technically insolvent - - meaning, they cannot pay their debts as they fall due.