583 jobs likely lost at Xtra-vision as liquidator appointed

The bulk of the 583 full- and part-time jobs at the company are likely to be lost, Mr Justice Paul Gilligan heard yesterday.

The company’s owners, Oxtermont Ltd, which is part of UK-based Hilco Capital, petitioned the court for the appointment of Michael McAteer of Grant Thornton Ireland as provisional liquidator of Xtra-Vision Entertainment Ltd and related company Xtra-Vision Ireland Ltd, which owns the stock.

Xtra-Vision Entertainment Ltd operates over 80 outlets in the Republic and the North