Michael Mcateer

143 results

Petroceltic chief executive Brian O’Cathain: Believed an interim examiner was urgently needed to deal with queries from creditors. Photograph: Dara Mac Dónaill

The High Court has fixed Friday to hear a petition seeking to confirm examinership for troubled exploration company Petroceltic and two related comp(...)

Petroceltic chief executive Brian O’Cathain. Photograph: Dara Mac Dónaill

A Cayman Islands fund linked to Worldview Capital yesterday posted its offer document to shareholders of troubled oil and gas explorer Petroceltic In(...)

Eden apartments in Blackrock, Cork. Image: Google Streetview

Thirty-five tenants of a Cork city complex were given notice to quit their apartments after a receiver decided to put them up for sale. Receiver Mich(...)

Brian O’Cathain, chief executive of Petroceltic Photograph: Dara Mac Dónaill/The Irish Times

Worldview Capital, the dissident shareholder in Petroceltic International that has battled its board for more than a year, has emerged in prime positi(...)

 Michael McAteer of Grant Thornton: he was proposed as examiner last week by Worldview, a 29 per cent shareholder, in a move that caught Petroceltic’s management off guard.  Photograph: David Sleator

The appointment of Michael McAteer of Grant Thornton as interim examiner to troubled Petroceltic International must be the first thing that the compan(...)

Brian O’Cathain, Chief Executive Officer of  Petroceltic: the High Court appointed an interim examiner to the exploration company on Tuesday

The High Court has appointed an interim examiner to troubled exploration company Petroceltic and two related firms. Mr Justice Brian McGovern appoin(...)

Worldview, a 29 per cent shareholder, has been in dispute with the board of Petroceltic for more than 18 months during which it sought to take over control of the company a number of times.

Petroceltic International says it is taking legal advice in relation to a surprise attempt by Worldview Capital, a dissident shareholder with a 29 per(...)

Richard Barrett: Publicly expressed his concern over the State’s failure to provide adequate levels of social housing.  Photograph: Eric Luke Staff Photographer

Richard Barrett would appear to have discovered the property developers’ equivalent of religion. Twice in as many weeks, the former Treasury Holdings (...)

The liquidator appointed by the High Court on Wednesday is clearing out Xtra-vision’s 83 stores and preparing to hand back the keys to landlords. photograph: dara mac dónaill

Xtra-vision, the movie rental chain that collapsed into insolvency this week with the loss of 580 jobs, has plenty of experience of going bust, having(...)

A closed Xtra-vision store in Artaine Castle, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Weak trading in the run-up to Christmas, when sales collapsed by a quarter compared to December 2014, spurred the decision yesterday by Hilco Capital (...)

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