The High Court has appointed provisional liquidators to 13 construction companies with several sites, including for approved housing bodies.
Twenty individual companies in the Torca Homes group, which have faced a number of difficulties in recent years, are insolvent, the court heard.
Thirteen of them applied to the court for the appointment of provisional liquidators, while it is proposed that the other seven will go into voluntary liquidation.
On Monday, Ross Gorman, instructed by Graham Kenny Solicitors, on behalf of the 13 companies, applied to Judge Marguerite Bolger for the appointment of Nicholas O’Dwyer and John Boland of Grant Thornton as provisional liquidators.
The judge approved the appointment for each of the companies and…