Director wrong to refuse vote on liquidator at creditors' meeting

A director of a company which traded insolvent for six months was wrong to refuse the proxy vote for one of its biggest creditors at a meeting called to appoint a liquidator, the High Court has ruled.

Cake and confectionery sales firm, Duibhne Diltoir Loin Teo, of Galway, was ordered by the court to replace a company-nominated liquidator with a Revenue-nominated liquidator.