High Court to decide on Galway pharmacies group rescue plan on Friday

The High Court will decided on Friday whether to approve a rescue plan for a group of companies that operate a number of pharmacies and employ 46 people in Galway.

If approved by the court, the plan would allow Michael McLoughlin Pharmacy Ltd and Sundrive Pharmacy Ltd to continue to trade. The scheme has been submitted to the High Court for approval by Mr George Maloney of Baker Tilly Ryan Glennon, who was appointed as examiner to the firms last October.