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The creditors of the collapsed roadbridge are querying the ranking of the BoI debt ahead of them in the resolution process

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Creditors of the collapsed roadbridge have raised concerns about the way in which one of the country’s largest construction companies is being wound up.

A number of creditors are understood to have written to the company’s joint liquidators to demand documents relating to the security of more than €30m in Bank of Ireland loans. The company owes commercial creditors 50 million euros, but their debts are behind the loans to the bank.

https://www.independent.ie/business/irish/creditors-of-collapsed-roadbridge-query-ranking-of-boi-debt-ahead-of-them-in-wind-up-process-41620889.html The creditors of the collapsed roadbridge are querying the ranking of the BoI debt ahead of them in the resolution process

Fry Electronics Team

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