Courts / Dublin / Report

Pressing times for Ireland's only vinyl record maker, as provisional liquidators appointed

Date
2024-03-04
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

The High Court appointed Ken Fennell and Eamonn Richardson of Interpath Advisory as joint provisional liquidators for Pressing Matters Limited, trading as Dublin Vinyl, Ireland's sole vinyl record manufacturer. The court heard the company, founded in 2016, employs 22 full‑time staff and four contractors and supplies records to major labels, including artists such as Taylor Swift. Pressing Matters has suffered significant losses in 2002 and 2023, citing the Covid‑19 pandemic, Brexit, the Ukraine war, the loss of a major contract and delays in the delivery of pressing machines. The company's directors petitioned for liquidation, arguing that an orderly winding‑up would best serve employees and creditors. Mr Justice Oisin Quinn confirmed the company's insolvency, granted the liquidators powers, and adjourned the case to April, noting the firm's liabilities exceed its assets by €1.9 million.

Who, what, where, when and why

What: Report matter: Pressing times for Ireland's only vinyl record maker, as provisional liquidators appointed. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • The High Court
  • High Court
Secondary Mention

Topics

Stage Hearing Or Decision

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