The Dublin finance company that collapsed due to the volatility of global credit markets ‘‘persisted in engaging in transactions/ trades with other counterparties despite its undoubted insolvency’’, it was claimed in the High Court last Friday.
A provisional liquidator, Simon Coyle of Mazars, was appointed to Structured Credit Company (SCC) on Friday after the High Court was told that its debts jumped from $5 million at the start of July to...
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