Legal
Revenue flexes its muscles as it halts €13m warehoused tax deal
Mac Interiors thought its examinership would succeed until the High Court came down on the side of the taxman
Over a 48-hour period last week, it briefly looked like Mac Interiors was going to turn things around, revive a rescue deal to get itself out of a nearly €27 million hole, and continue trading.
The Newry-based fit-out and construction firm, which had delivered flagship projects for a number of blue chip clients, had been in financial trouble after exiting the Covid-19 pandemic with heavy losses. It faced into a future marked by inflation, with ...