Media Partners & Silva wound up in High Court ruling

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

Media Partners & Silva Ltd was found insolvent and ordered wound up by the High Court on 15 May 2019, while Infront Partners’ €18m garnishee application was refused. The court held that the conditional garnishee order should be discharged and said the disputed inter-company debt required independent verification. A liquidator was to be appointed after alternative names were submitted, with the money remaining on deposit with AIB.

The judgment records that Infront sought to enforce European Orders for Payment for €18,033,014.12 arising from unpaid agreements concerning international audiovisual rights for Italy’s Serie A. The court accepted the petitioning creditors’ evidence and submissions on insolvency, but declined to make the conditional garnishee order absolute.