Markets News Afternoon: High Court rejects Carroll’s second examinership bid - - criticises KPMG business plan; Shares rise in Europe and US
Sep 10th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; The High Court today refused the second application for examinership by seven companies controlled by developer Liam Carroll's Zoe Group. Mr Justice Frank Clarke said he will give his reasons for his decision tomorrow but the criticised the presentation of figures presented in Big 4 accounting firm KPMG's business plan.