Transit company deferred meeting with HRI a day before liquidation

A cash-in-transit company deferred a meeting with Horse Racing Ireland to discuss its cashflow issues by a day before putting itself into immediate liquidation.

A cash-in-transit company deferred a meeting with Horse Racing Ireland to discuss its cashflow issues by a day before putting itself into immediate liquidation, it has emerged.

HRI, the semi-state governing body for horse racing across Ireland, had requested an urgent meeting with the company Senaca, with whom it had a service level agreement, on July 11, 2019.