Fossett’s Circus faces ‘uphill struggle to survive’

Fossett Brothers Circus, which failed to pay Vat for eight years, was facing an uphill struggle to survive, a judge said yesterday.

Circuit Court President Mr Justice Raymond Groarke said he was not impressed by the “perseverance in lack of candour” by Robert Fossett, one of the two director brothers who ran the company.

He told barrister Stephen Hannaphy, counsel for the examiner who prepared a scheme of arrangement aimed at saving the company, that he would allow a further seven days for preparation of a proper corporate structure for the company.