Accountants in dispute over role as liquidators

A dispute between two accountants over which of them has been validly appointed as liquidator to a transport company has come before the High Court.

Mr Justice Paul McDermott said yesterday he was satisfied to grant chartered accountant and insolvency practitioner John O’Connell a temporary injunction preventing Peter Russell, also a chartered accountant and insolvency practitioner of Russell & Co Trinity House, Georges Quay, Cork, from acting as liquidator of Managh International transport Ltd.

The injunction was granted after the judge was informed by lawyers for Mr O’Connell, of Bank Place, Mallow, Co Cork, who claims that he and not Mr Russell is the liquidator of the company, with a registered address at Farranamanagh, Cashel, Co. Tipperary.