Dermica Ltd appeal over Buy and Sell sale fixed for hearing

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Dermica Ltd’s appeal over the sale of Buy and Sell was fixed for hearing in the Supreme Court on 5 June 2014, following a decision on 14 May 2014. The appeal challenged a High Court decision that conditionally permitted a liquidator to accept Midland Web Printing Ltd’s higher bid.

The Supreme Court continued a stay on the sale to Midland, subject to conditions including Dermica meeting losses caused by any delayed sale if it lost the appeal. The report said Buy and Sell was not being published and that the asset could lose value while the dispute continued.

This report covers an earlier stage of the case. Later developments are not reported here.