WITH this week’s refusal by the High Court to appoint an examiner to seven companies in the Zoe Developments group, it looks like property developer Liam Carroll has used up his final lifeline in a bid to save his business empire.

LIAM Carroll’s construction empire looks set to crumble after the High Court yesterday rejected a second application for an examiner to be appointed to the heavily indebted consortium.

The High Court will decide on Thursday whether to appoint an examiner to companies in the Liam Carroll controlled Zoe group.

ACC bank has today urged the High Court to reject an application made on behalf of companies in the Liam Carroll-controlled Zoe group to be placed into examinership.

The Liam Carroll-controlled Zoe Group will return to solvency when the Irish property market improves in 18 months time, the High Court heard today.

A number of banks who are owed millions of euro by companies controlled by developer Liam Carroll have said they are willing to lend the companies more money if a scheme of arrangement is put in place.

The High Court will hear a fresh bid today by lawyers representing troubled developer Liam Carroll for companies he controls to be placed into examinership.

PROPERTY developer Liam Carroll made the error of failing to provide details of a rescue plan for his troubled business empire during an unsuccessful application for court protection last month due to stress, the High Court heard yesterday.

Developer Liam Carroll was impaired due to stress when he opted to omit important information in his original petition seeking the appointment of an examiner to companies in the Zoe group, the High Court heard today.

JUST when Liam Carroll’s week looked like it couldn’t get any worse, media reports yesterday suggested that one of the country’s biggest property developers had been admitted to a psychiatric hospital in Dublin on Thursday night.

A sick and hospitalised Liam Carroll and the fellow directors of the Zoe group were granted leave of the High Court tonight to present a new petition seeking the appointment of an examiner to the troubled property group.

THERE is a refreshing whiff of democracy in action about the call from sections of the Green Party to hold a special party convention on the form that the National Asset Management Agency (NAMA) might take and how it might do its business.

WITHIN hours of the Supreme Court decision on Tuesday evening to withdraw court protection from companies in Liam Carroll’s Zoe Group the High Court — inevitably — appointed a provisional liquidator to two Zoe companies.

The High Court today appointed a provisional liquidator to two companies in the Liam Carroll-controlled Zoe group.

The Supreme Court has dismissed an appeal to have an examiner appointed to several companies in the Liam Carroll-controlled Zoe building group.

THE banks are prepared to give property developer Liam Carroll more money, even though his companies have debts of €2.3 billion.

The Supreme Court has granted a stay to several companies in the Liam Caroll controlled Zoe building group pending an appeal next week of the High Court's refusal to appoint an examiner to them.

A JUDGE yesterday described as “lacking in reality” a survival scheme put forward by companies in Liam Carroll’s Zoe building group as he refused to grant the companies court protection. The continuing battle over the companies’ debts of €1.2 billion is heading for the Supreme Court next week.

Rumours are rampant that our largest developers are transferring properties to spouses and relatives to circumvent “personal guarantees” being invoked to seize their lucrative personal assets

All six French aid workers convicted of a mass kidnapping in Chad have been freed in France, hours after the Chadian president formally pardoned the group, the French Justice Ministry said.

MOST of the 103 African “orphans” a French charity tried to fly to Europe from Chad appear to have at least one living parent, it emerged yesterday.

THE number of bidders circling the Jurys Doyle Hotel Group increased yesterday with builder Sean Dunne and the Reubens brothers indicating separate bids for the company.