O’Flynns win back control of their group

Cork brothers Michael and John O’Flynn have succeeded in removing the interim examiner appointed to four key companies in their construction group and have been put back in charge of their business.

Ms Justice Mary Irvine at the High Court yesterday blocked Blackstone subsidiary Carbon Finance from enforcing personal or corporate loans demands.

She also stood down four receivers appointed to the O’Flynn companies, revoking their appointment over certain assets and entities within the O’Flynn Construction Group.