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Tue 08 Aug 2009Liam Carroll fails to overturn High Court decision
Property developer Liam Carroll has failed to secure court protection for six companies in his Zoe Group, leaving him exposed to insolvency proceedings from banks owed €1.2 billion by the group.
The Supreme Court refused to overturn a High Court ruling last month rejecting the appointment of an examiner to his six companies which would have given him breathing space from his debts.
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