High Court sets D-day for Zoe Developments

The High Court will decide on Thursday whether to appoint an examiner to companies in the Liam Carroll controlled Zoe group.

High Court sets D-day for Zoe Developments
Mon, 07 Sep, 2009 - 13:44

The High Court will decide on Thursday whether to appoint an examiner to companies in the Liam Carroll controlled Zoe group.

The beleaguered property group, which is seeking the appointment of Mr Ray Jackson as examiner, has bank borrowings of €1.2bn and claims that it faces collapse if its second bid for examinership is unsuccessful.

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