Courts / Mayo / Report
Provisional liquidator appointed to Achill Island brewery
Summary
The High Court has appointed a provisional liquidator to Tairgi Acla Ltd, a brewery operator on Achill Island, County Mayo. Mr Justice Paul Gilligan made the appointment on Friday, naming chartered accountant John Healy as provisional liquidator following evidence that the company is insolvent and unable to meet its debts. The brewery, located at Bunnacurry, produced Achill brand beer and faced liabilities totalling €158,000. The court was told the company had lost its insurance and brewing licence, with electricity supply at imminent risk of disconnection due to unpaid bills. Counsel for the company stated the liquidation would secure assets and stock while enabling two employees to pursue redundancy, wage arrears, and holiday pay claims before Christmas. The company, established in 2014 by brothers Malcolm and Dermot Cooney and UK-based cousins Anthony and Daniel Keating, ceased trading following a breakdown in relations between the cousins. Company members unanimously agreed to the appointment. The matter was adjourned to January.
Who, what, where, when and why
What: Report matter: Provisional liquidator appointed to Achill Island brewery. Procedural stage: hearing_or_decision
When:
- Christmas Other
- 2017-12-08 Publication
Why: Seeking the appointment, Rory Kennedy Bl for the company said the decision was being taken to wind up the firm because it no longer had insurance, a brewing licence and the "electricity was about to be turned off due to non-payment of debts. CNI source report
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