Examiner appointed to McInerney Homes

The High Court has confirmed the appointment of an examiner to housebuilding firm McInerney Homes and a number of related companies.

In confirming Mr William O'Riordan of PWC as examiner to McInerney today Mr Justice Frank Clarke also ruled that the examiner must in a report to the court address a number of issues of concern by early October or the process, opposed by a syndicate of three banks owed €113m by McInerney, could be terminated.