Courts / Limerick / Report

Interim Examiner appointed to operators of well-known Cork and Limerick restaurants

Date
2023-11-14
Stage
Hearing Or Decision
Primary locality
Limerick
County
Limerick

Summary

In a High Court hearing on 14 November 2023, Justice Eileen Roberts appointed Joseph Walsh of JW Accountants as interim examiner to a group of restaurant companies linked to the award‑winning Cornstore Restaurants and Coqbull outlets in Cork and Limerick. The companies—Keep it Real Holdings DAC, Rosewalk Ltd, Coal Quay Restaurants Ltd, Winstore Restaurants Ltd, Burgerchick Cork Ltd, Burgerchick Limerick Ltd and Burgerchick Castletroy Ltd—were found insolvent and unable to meet a €26.74 million debt owed to the Sweden‑based Proventus Capital Partners III KB fund. The court noted that the difficulties stemmed from the poor performance of related UK‑based group companies, which had been hit hard by Covid‑19 and had failed to service the debt since December 2022.

Who, what, where, when and why

What: Report matter: Interim Examiner appointed to operators of well-known Cork and Limerick restaurants. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • The High Court
Secondary Mention

Topics

Stage Hearing Or Decision

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