Stallion company to liquidate assets

Shareholders of Leisure Holdings, the stallion investment company chaired by Denis Brosnan, are set for a multimillion euro payout after deciding to shut down the company and liquidate its assets.

Ian Kehoe - avatar

Ian Kehoe

17th February, 2007

David Hughes, a partner with accountancy firm Ernst & Young, has been appointed liquidator and will distribute the remainder of the firm’s assets to its shareholders. Hughes was appointed liquidator at a meeting of the firm’s shareholders in recent weeks.

According to its statement of solvency, Leisure Holdings has realisable assets of almost €9 million, which will be divided among its shareholders. These include Brosnan and bloodstock tycoon JP McManus. The...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago