Mr Franco Bertellino from Rivoli in Italy, supported by 20 other creditors, sought to have Mr Declan de Lacey of PKF O’Connor Leddy Holmes appointed as provisional liquidator to the company, with a registered address at Northumberland Road, Dublin 4.
However, in the alternative Ms O’Neill clients, accepting that having a court order in place would aid whoever was appointed as liquidator in the recovery of funds, sought to have their nominees’ appointed liquidators to the firm by the court It was also noted by the court that creditors who had opposed Mr Bertellino’s application had moved first in time to have the firm wound up.
Earlier this year Mr Bertollino had sought to have the firm wound up over concerns how it had been run. Now owed over €100,000 he claims that some of the company’s assets may no longer exist while others may have been moved into a network of loosely connected companies.
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