ACC Bank objects to Zoe examinership

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.

ACC Bank objects to Zoe examinership

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.

Today Lyndon McCann SC for Dutch owned ACC bank, whose demand for repayments of €136m loans led to Zoe's application for protection, said that the application "is aspirational and speculative at best" and "does not meet the requirements of the 1990 Companies Act".

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