Courts / Donegal / Report

Liquidator's case against Edenmore Meats over €2.7m debts is resolved

Summary

A High Court action brought by the liquidator of Edenmore Meats seeking to hold the company's directors personally liable for approximately €2.7m in debts has been settled. The resolution followed confidential out-of-court discussions and was approved by Mr Justice Oisin Quinn this week after four weeks of hearings that commenced in January. The liquidator had pursued orders against Donal Gallagher, Richard Burke, and Robert Daly, arguing they should be disqualified from directorship for at least five years and made personally liable for company debts, including €1.5m owed to over one hundred farmers and businesses across the north-west. The meat processing facility operated in Lifford, County Donegal, ceased trading in 2016. The directors, represented by Gary McCarthy SC, denied wrongdoing and claimed they acted responsibly and honourably throughout. The terms of settlement remain confidential.

Who, what, where, when and why

What: Report matter: Liquidator's case against Edenmore Meats over €2.7m debts is resolved. Procedural stage: sentence

When:

• October 2016 Other
• 2024-05-10 Publication

Why: Counsel said that as part of his client's case, the court would hear from farmers owed money by the company who along with their families "were left devastated" because they were not paid by Edenmore, counsel said. CNI source report

Case subjects

Places mentioned

Topics

Road Traffic Stage Sentence

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Read the original CNI report