Over three days late last month, the High Court heard details of the debts and divisions engulfing the Dublin confectionary company, Broderick’s. Minority shareholder Barry Broderick, a company director and son of the firm’s founders, had brought a petition asking the court to appoint an examiner to the company on the basis that it was balance sheet insolvent with debts of €9 million. The firm hires more than 100 people at its production facility in Tallaght. Barry Broderick’s lawyers argued the company was on a cliff edge financially and needed breathing space from its creditors to restructure its liabilities. But…
Cancel at any time. Are you already a member? Log in here.
Special Six Nations offer
Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke