Ian Guider: Unchecked sale of loan notes a foreseeable recipe for disaster

The appointment of John McStay, one of the country’s most experienced accountants and insolvency practitioners, to advise investors in Solar 21 will calm the nerves of some who have been fretting about recouping their money from the renewable energy company. It has been an intolerable time for those who have backed the company to the tune of almost €300 million to fund its sustainable energy projects in Britain.

McStay has promised them information and action ...