PQ 152
152. Deputy Richard Boyd Barrett asked the Minister for Enterprise, Trade and Employment if his Department was aware in the course of the liquidation of a company (details supplied); if so, when his Department became aware of the pre-pack administration package put together in April 2019 by several financial entities, involving a floating charge loan of £200 million to the company's UK entity, which was subsequently injected into it but for which the Irish and Danish stores were made co-guarantors, and the use of the 12-month rule in Irish law concerning the fixing of these charges on the company in Ireland, and the fact that the liquidation of the company's Irish operations was announced precisely 12 months later on the day such a liability became legally valid in Irish law; and if he will make a statement on the matter. [11421/23]
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7 March 2023
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7 March 2023
Summary
152. Deputy Richard Boyd Barrett asked the Minister for Enterprise, Trade and Employment if his Department was aware in the course of the liquidation of a company (details supplied); if so, when his Department became aware of the pre-pack administration package put together in April 2019 by several financial entities, involving a floating charge loan of £200 million to the company's UK entity, which was subsequently injected into it but for which the Irish and Danish stores were made co-guarantors, and the use of the 12-month rule in Irish law concerning the fixing of these charges on the company in Ireland, and the fact that the liquidation of the company's Irish operations was announced precisely 12 months later on the day such a liability became legally valid in Irish law; and if he will make a statement on the matter. [11421/23]
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Corporate Governance
Corporate Governance
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- Official source: https://www.oireachtas.ie/en/debates/question/2023-03-07/152/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2023-03-07/pq_152