300 jobs go as hospital company is liquidated

Mr Justice Paul Gilligan appointed insolvency practitioners Declan Taite and Anne O’Dwyer as joint provisional liquidators to Mount Carmel Medical Group (South Dublin Ltd), which runs the Mount Carmel Hospital in Churchtown, Dublin 14, after being informed the company was insolvent and unable to pay its debts.
The company sought to have itself wound up after what the court heard was “a disastrous 2013” whenNama decided it was no longer in a position to provide working capital to the company which allowed the hospital to trade.