High Court approves Mothercare survival plan

A survival scheme for Mothercare Ireland has been approved by the High Court.
High Court approves Mothercare survival plan
Thu, 29 Oct, 2015 - 00:00
Ann O’Loughlin

More than 250 jobs have been saved and the company will continue to trade at 15 stores nationwide following a €750,000 investment from the company’s main shareholder David Ward.

Under the scheme, the company will continue to trade at 15 stores but three, Blackrock and Jervis St in Dublin and Cruises St, Limerick, will close early next year.

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Mothercaresurvival schemeapprovedHigh CourtjobsPlace: Jervis StPlace: DublinPlace: Cruises StPlace: LimerickPerson: David WardPerson: Brian McGovernPerson: Arthur CunninghamPerson: Gavin SimonsPerson: Rossa FanningOrganisation: High CourtOrganisation: MothercareOrganisation: Mothercare IrelandOrganisation: Revenue CommissionersOrganisation: Mothercare UKOrganisation: Mothercare WorldOrganisation: Effleby Trading ltd
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