Building company wound up by High Court

The High Court has made orders winding up development company Manor Park Homebuilders Ltd on the application of a bank which is owed some €135m by the firm.

Bank of Scotland petitioned the High Court to have the company wound up and a liquidator appointed to the firm which is owed €135m by the company after it had failed to satisfy its demands to repay €135m it had advanced to Manor Park in late 2007.