Bloxham can challenge decision to revoke stock exchange membership
Bloxham, a limited partnership, was ordered to cease trading by the Central Bank last summer after it was revealed it was undercapitalised and the partners applied to have it wound up, saying they saw no prospect of an improvement in its trading position.
The High Court later confirmed the appointment of Kieran Wallace of accountancy firm KPMG as liquidator to the stockbrokers. The firm’s largest creditors included National Irish Bank, owed €8.5m, and the Revenue Commissioners, owed €2.3m.
