High Court orders winding up of Mac Interiors

The firm has 31 full-time employees, had employed many more as subcontractors, and owes its creditors over €27m

On Wednesday morning, James Doherty SC for the examiner told the court that it had not been possible to put a set of revised proposals before the court, and the only option was to make an order winding up the company.

The High Court has made an order winding up troubled fit-out firm Mac Interiors.

Mr Justice Michael Quinn made the order after being informed by the company's examiner, Mr Kieran Wallace, that it was not possible to put together a modified rescue plan with a new investor, which if approved by the court and its creditors, would have saved the company.