American Apparel Ireland Ltd gets provisional liquidator
This report is a localnews.ie summary based on public court reporting and records; sources are listed below.
Mr Justice Paul Gilligan appointed a provisional liquidator to American Apparel Ireland Ltd in the High Court on 9 November 2016 after being told the company was insolvent and unable to pay its debts. The company operated a clothing store on Grafton Street, Dublin.
Kieran Wallace of KPMG was appointed to oversee an orderly winding-down. The court granted him powers to trade and sell stock, secure company assets and retain employees.
The case was due to return before the court in December.