Clerys directors were ‘actively misled’ on store closure

Two former directors of the company which operated Dublin’s landmark Clerys store were “actively misled” into believing the business would continue as a going concern after its sale on June 12, 2015, the High Court has been told.

Two former directors of the company which operated Dublin’s landmark Clerys store were “actively misled” into believing the business would continue as a going concern after its sale on June 12, 2015, the High Court has been told, writes Ann O’Loughlin.

Instead, the business was wound up hours later with the loss of more than 400 jobs.