Liquidator says meat factory directors should be liable for firm’s debts
The liquidator of a meat processing company has asked the High Court to make the firm’s directors personally liable for debts of €2.7m owed to parties including over 100 farmers and businesses in the North West.
John Healy, who is the official liquidator of Edenmore Meats Limited, seeks the orders against the firm’s directors businessmen Donal Gallagher and Richard Burke, as well as Robert Daly who resigned as a director in 2017, but remained as the firm’s company secretary.
He claims that when they ran Edenmore Meats, which operated what was described as a substantial meat processing facility in Lifford in Co Donegal, they operated the firm in a reckless manner and allowed it to continue trading when it was clearly insolvent.
It is claimed that the three directors came on board in late 2014, early 2015 after a company called Twin Estates linked to the UK-based Mr Gallagher invested €1.4m in Edenmore.
It ceased trading in 2016.
Aodhan O’Faolain | Irish Independent
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