Legal

Examiner tells High Court of buyer lined up for some Iceland stores

However Joe Walsh told the court that it was likely that some stores would be closed permanently

A shuttered Iceland store on Talbot Street in Dublin. Picture: Collins

A collective redundancy process for a number of Iceland workers in Ireland is likely to start in the coming days, and a number of its Irish stores will not re-open as a new buyer is lined up for the business, the High Court has heard.

Joe Walsh, the company’s court-appointed examiner, said that more than a dozen stores had been closed temporarily, with 160 staff on temporary lay-off, and that it was likely that some ...