Liquidator settles case seeking to make meat plant’s directors liable for €2.7m debts

The liquidator had claimed in the case that the respondents ran Edenmore Meats in Lifford, Co Donegal, in a reckless manner.A settlement has been reached in a High Court action brought by the liquidator of a meat processing company seeking to make the firm’s directors personally liable for debts of €2.7 million.

Represented by John Kennedy SC, the liquidator claimed all three should be disqualified from acting as a company director or officer for at least five years.Northern Lights expected to be visible across Ireland tonight amid intense solar storm It was claimed that the three directors came on board in 2014/15 after a company linked to the UK-based Mr Gallagher invested €1.4 million in Edenmore.Following Mr Healy’s appointment by the High Court in 2020 he got little or no co-operation from the directors.

They claim they acted honourably, responsibly and honestly at all times and it was a source of deep regret that they were unable to turn things around. Mr Gallagher, a successful and experienced businessman had reluctantly invested the money through a company of his due to his connections with Donegal and the company whose former majority shareholder was his cousin Liam McGavigan.

The firm had advanced proposals to repay farmers when in October the facility it leased was taken over and occupied by Mr McGavigan, whose relationship with Mr Gallagher had deteriorated, and people allegedly linked to the paramilitary organisation the INLA.Mr McGavigan, who was at the time of the alleged occupation was the landlord of the premises, strongly denied all claims of wrongdoing made against him.

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