Ireland: Court of Appeal clarification of issue of discretion in examinership applications

The Court of Appeal has allowed an appeal by the Edward Holdings group of companies against a decision of O’Connor J in the High Court refusing to appoint an examiner to four of the seven group companies in respect of which an examiner was sought to be appointed.1 The group, which is controlled by Gerry Barrett, owns, amongst other assets, the Meyrick and G hotels in Galway.