McKillen Jr tells creditors he “deeply regrets” impact of putting four firms into liquidation

McKillen Jr tells creditors he “deeply regrets” impact of putting four firms into liquidation

McKillen Jr tells creditors he “deeply regrets” impact of putting four firms into liquidation


A liquidator has been appointed to four companies controlled by Paddy McKillen Jr after a creditors’ meeting last Friday. Accountant Cormac Mohan was approved as liquidator of the four non-trading companies called Ingaro Ltd, a former Oakmount management company; Beautiful Oak Ltd, another small management company; Tomose Ltd, the former Union Café operating company; and Sanphase Ltd, the former Lucky Duck pub operating company. A majority of creditors supported the liquidator’s appointment, and the Revenue Commissioners did not oppose it. The largest creditor is McKillen Jr, who invested about €7 million in the four companies. There is another €8 million…