Almost €1m in examiner and legal fees sought after failed plan to rescue Mac Interiors

In papers filed in the High Court, the examiner said that his team spent 1,623 hours on the proposed scheme to save the firm

The insolvency practitioner was appointed examiner of the Newry based construction and fit-out firm last May

An accountant is seeking nearly €1 million in legal and professional fees arising from an unsuccessful rescue plan for Mac Interiors, the Newry-based construction and fit out firm.

Kieran Wallace, managing director of Interpath Advisory, wants the High Court to approve payment of over €411,000 for his team’s fees, as well as over €538,000 in legal fees, out of the assets of Mac, which is now in liquidation. The fees are inclusive of Vat.

Wallace ...