Powerscourt Distillery: Receiver puts business and €35m worth of whiskey up for sale
Based in the Powerscourt Estate, Co Wicklow, the distillery includes ‘visitor centre, bulk supply and cask programs’
Based in the Powerscourt Estate, Co Wicklow, the distillery includes ‘visitor centre, bulk supply and cask programs’
Airline sought High Court protection in May after it ran into difficulty paying its creditors
A round of bad news emerged for two distilleries over the weekend
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Directors conclude ‘significant doubt’ over ability to continue as going concern
The firm hires Gary Borland, who had been with KPMG for more than two decades, to lead unit
Firm petitioned the High Court for the appointments on Friday as it said it is cash flow insolvent and cannot secure funding from alternative lenders
Waterford Whisky invited banker HSBC to appoints receiver to the business
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Ken Fennell and Kieran Wallace, the founding managing partners, say the firm is currently trading profitably
Five-star, 791-bedroom hotel being sold on behalf of the liquidators of the IBRC
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