Jobs hope lost as haulage firm is to be liquidated

A provisional liquidator has been appointed to haulage company Target Express, ending prospect of saving 390 jobs at the firm.

At the High Court in Dublin, Mr Justice Gerard Hogan assigned Michael McAteer and Stephen Tennant of accountancy firm Grant Thornton as provisional liquidators at the request of the company, which ceased trading on Monday. Mr McAteer said his officials began work yesterday on securing the premises and assets of the company, which has depots around the country.

He told the Irish Examiner they would also act “straight away” to ensure staff would receive all their due entitlements in relation to wages, minimum notice, and redundancy payments.