High Court grants judgment of €12.4m against two directors of Dublin logistics firm

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Due to the directors’ manipulation of the company’s finances, the liquidators say Mr Alexander and Mr Henry owe the company itself a sum more than €6 million.The liquidators sought payment from the directors of that sum but received no payment. These include payments of €1 million made to accounts in Mr Alexander’s name and transfers of €285,000 made with a reference to “Old Trafford”, which is the residential address provided to the CRO by the respondents.

The liquidators asked the court for orders under the 2014 Companies Act seeking to have the directors made personally liable for the firm’s debts in the sum of €12.4 million.

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