Examiner to Thomas Read Group seeks court approval for survival scheme

THE examiner to the Thomas Read Group, operators of 18 of Dublin’s best known bars and restaurants, wants the High Court to approve his scheme of survival for the hostelries rather than that proposed by the group’s largest creditor, ACC Bank.

And former Kilkenny hurling star, DJ Carey, on behalf of a company owed money by the group, claimed in court yesterday that his firm had been “poorly treated” since an examiner was appointed to Sharmane Ltd, the parent company of Thomas Read.

The court was hearing submissions yesterday from the bank and the examiner on the type of survival plan that should be put in place.