Archive for the ‘Insolvency’ Category

Aer Arann survival plan approved in principal

Nov 3

Aer Arann – Revenue withdraws objections to survival The High Court has approved in principal a survival scheme for Aer Arann which has been in examinership since August. The decision follows the withdrawal of objections to the scheme by the Revenue Commissioners after it was agreed that Revenue debts will be paid over 18 months. […]

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High Court has 'serious concerns' about survival scheme for Aer Arann

Oct 31

A HIGH Court judge has expressed “serious and significant concerns” about a proposed survival scheme for Aer Arann and has adjourned to next week the company’s bid to secure the court’s approval of the scheme necessary to exit examinership. The Revenue Commissioners have objected to the scheme, alleging they are being treated unfairly as they […]

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