Lloyds seeks to dispose of Barna Waste examiner

Lloyds, the British-owned bank, is set to launch a legal challenge to try to oust the examiner of Barna Waste.

Ian Kehoe - avatar

Ian Kehoe

13th April, 2013

Lloyds, the British-owned bank, is set to launch a legal challenge to try to oust the examiner of Barna Waste, the Galway waste management firm that sought bankruptcy protection last Thursday.

The bank, Barna's largest creditor, will object to the examinership process, arguing that the company's owners had previously agreed to sell the business to pay down its €9 million debt pile.

The bank has retained law firm Arthur Cox to mount the objection.

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