Court protection withdrawn from Fleming Group

The Supreme Court has withdrawn court protection from the Fleming Construction Group which will now go to the wall with debts of €1bn.

Court protection withdrawn from Fleming Group
Thu, 04 Mar, 2010 - 11:40

The Supreme Court has withdrawn court protection from the Fleming Construction Group which will now go to the wall with debts of €1bn.

It has overturned a High Court decision appointing an examiner on the basis the proposed scheme does not provide for the survival of each of the companies.

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CourtsBusinessHeathrowPlace: Sandyford, Co DublinPerson: Susan DenhamOrganisation: Fleming GroupOrganisation: Supreme CourtOrganisation: Fleming Construction GroupOrganisation: High CourtOrganisation: ACC BankOrganisation: ACCOrganisation: NAMA
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