The High Court has appointed a provisional liquidator to the Irish subsidiary of Italian food group Parmalat.
Eurofood IFSC was based in Dublin's International Financial Services Centre (IFSC) and provided financing facilities for companies in the group.
Its directors include Mr Fausto Tonna and Mr Luciano Del Soldata, who are currently under arrest in Italy. The men - both former finance directors of the group - were questioned about the group's elaborate network of off-shore companies and billions in missing assets.
Mr Pearse Farrell of Farrell Grant Sparks (FGS) has been appointed provisional liquidator of the firm, it emerged this evening.
Mr Farrell has been empowered to manage the undertaking, appoint legal advisers and has also been granted liberty to apply to the Court for additional powers if required.
His initial priorities will be to secure the company's assets, take control of the books and records of the company, and inform the various stakeholders and creditors of his appointment.
Parmalat founder Mr Calisto Tanzi, two former finance directors and two outside auditors are among 11 people arrested so far in the case in Italy, though none have been charged yet.
In late December, the Italian government named Mr Enrico Bondi, Parmalat's chairman and CEO, as the administrator charged with restructuring the crisis-hit company after it unveiled a multibillion-euro hole in its accounts.
