'Erroneously formed': Rescue plan for Mac Interiors rejected due to lack of precision
Case to be adjourned until Tuesday to permit a ‘revised, modified scheme’ which may address High Court’s concerns
Source: businesspost.ie
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New investor could provide lifeline to Mac Interiors, court told
A potential new investor could provide distressed fit-out firm Mac Interiors with a new lifeline after the High Court determined it could not approve a rescue plan that “erroneously” classed the firm’s creditors, the High Court has heard.
Source: independent.ie
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Potential new investor for fit-out firm Mac Interiors, High Court hears
Judge extends protection period to allow examiner to outline new proposal to court on Tuesday
Source: irishtimes.com
Mac Interiors left 'shocked' as High Court rejects €26m debt rescue deal
The Newry-based fit-out and construction firm has been in examinership since May while it sought to develop a bid to save itself from insolvency
Source: businesspost.ie
Scheme to save Mac Interiors is rejected in Dublin High Court ruling
The High Court has rejected a scheme of arrangement for Northern Ireland firm Mac Interiors where the Revenue Commissioners was owed €13m in warehoused taxes.
Source: belfasttelegraph.co.uk