Courts / Dublin / Report
Revenue seeks to take over petition to wind up recycling company
Summary
The Revenue Commissioners, represented by Sally O'Neill BL, announced on 27 February 2023 that it intends to take over a High Court petition to wind up Cloughwater Plastics Ireland Limited, a Dublin‑based plastics recycling firm. The petition, originally filed by two creditors within the Van Werven Group, sought provisional liquidators for the company, which recycles mixed rigid plastics into raw materials for re‑use. The creditors withdrew the petition after entering discussions with the company's Northern Irish partner, but Revenue remains concerned about the firm's operations and has a significant debt owed by Cloughwater. The court, presided over by Justice Miriam O'Regan, agreed to adjourn the matter for a week to allow Revenue to submit a formal application to assume the petition. The case involves other parties, including Repak, Fingal County Council, and the landlord of the company's premises, and the company is currently undergoing due diligence as part of the liquidation process.
Who, what, where, when and why
What: Report matter: Revenue seeks to take over petition to wind up recycling company. Procedural stage: hearing_or_decision
When:
- 2023-02-27 Publication
Places mentioned
Topics
Related court reports
- Man charged with having 56k child abuse images and videos remanded on bail
- Ex-Dáil hopeful's allegations against former employer 'complete fantasy', WRC told
- Mater must pay €10k to worker who said he was wrongly accused of abusing patient
- 'I think we know I won't be getting bail' - Daniel Kinahan charged with directing criminal organisation
- Letting agent who claimed alleged domestic violence victim abandoned tenancy by fleeing to refuge must pay €14.7k
- 77-year-old with 470 convictions told Luas staff to 'f**k off'
If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.
Email a correction request