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.
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.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine