Appeals court upholds winding up of Dublin flower business

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Judge describes outcome at family company as ‘regrettable’ via IrishTimesBiz

, who was a company director and 40 per cent shareholder. Although there had been allegations and counter-allegations of oppression, the court then noted that the application had ultimately been argued on the basis that a winding up order was just and equitable, said Mr Justice Collins.

This sum included some €275,000 said to be due to Joseph Byrne by way of loans allegedly advanced by him to the company, as well as an amount of €11,000 in respect of allegedly outstanding salary and expenses.

 

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