July 3, 2015
The Irish High Court has granted Ladbrokes permission to close its leases on five premises in advance of its examinership rescue plan, which was submitted by the operator at the end of June The repudiation of leases will see betting shops in Kilmacud Road, Ballygall Road and Finglas Town Centre (Dublin) John Street (Waterford) and Middleton (Cork) closed. The Irish …
Read More »July 1, 2015
Following its month long review under the Irish High Court, it appears that Ladbrokes Plc rescue plan for its Ladbrokes Ireland division has trumped Boylesports €25 million bid. On Tuesday Ken Fennell (Deloitte), the examiner appointed by the High Court to review the bid process, informed Ladbrokes Ireland creditors and other stakeholders that the examinership review favoured the plans put …
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