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Rescue plan for Iceland stores in Ireland collapses as liquidator is appointed to the stricken supermarket chain

A liquidator has been appointed to the company that operates the Iceland chain of stores after a proposed rescue plan for the business collapsed.

Joe walshJustice quinnJustice michael quinnHigh court onHigh courtMetron storesFood safety authority of irelandMetron stores limitedThursday mr justice quinnFood safety authority

Liquidator appointed to Iceland stores as examinership collapses

Mr Justice Michael Quinn made orders winding up Metron after a proposed investor decided it was no longer interested

Metron storesHigh courtThursday mr justice michael quinnMetron stores limitedOrganisation icelandOrganisation metron

Iceland accused of moving significant sums out of Irish business in run-up to sale

New owner’s letter to Iceland UK boss discusses ‘concerns around several transactions’ and ‘unpaid debts’

United kingdomRepublic of irelandMalcolm walkerRichard walkerNaeem maniarJamie murphyMetron storesIrish independent worker unionFood safety authority of irelandViceland united kingdomIceland irelandProject point technologiesFood safety authoritySir malcolm walkerRetail and consumer industry

Sunday newspaper round-up: Wilko, Telegraph Media, Pizza Hut

Wilko’s administrators are facing pressure to accept a rescue deal for the ailing budget retailer after a second last-minute white knight bid worth £90m emerged from an Anglo-Canadian private equity firm. [.] Shops are expected to close within weeks, with thousands of job losses unless a buyout can be secured. M2 Capital, a restructuring specialist which owns a string of upmarket hotels around the world under the Como brand and is in the process of buying Michigan-based car parts maker Superior Industries, is understood to have put forward a bid that would keep the entire Wilko chain trading. - The Guardian

New delhiUnited kingdomRepublic of irelandKnight frankAkshata murtyRichard walkerAbu dhabiLloyds banking groupMetron storesMedia groupTelegraph media groupLloyds bankingDaily telegraphSunday telegraphMiddle easternSky news

Iceland accused of transferring significant amounts out of Irish division ahead of sale

Iceland accused of transferring significant amounts out of Irish division ahead of sale
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Richard walkerMetron storesIceland irelandRetail gazetteViceland united kingdomUnited kingdomProject point technologies

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