Rafael Klotz

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Clerys was sold in the early hours of Friday, January 12th, 2015 and put into liquidation later that day. Photograph: Dara Mac Dónaill

The liquidators of the operating company of Clerys have told the High Court they no longer believe that two private equity executives, who were also d(...)

Clerys workers picket outside the Department of Jobs, Enterprise and Innovation, Kildare street, Dublin. Photograph: Eric Luke / The Irish Times

The most extraordinary thing about the offer last week from US fund Gordon Brothers to reimburse the losses of 50 former concession holders at Clerys (...)

The Clerys Clock on O’Connell Street, Dublin. File photograph: Dara Mac Dónaill

The US fund that sold the Clerys operating company for €1 the night before it was put into liquidation four years ago has finally offered to(...)

Clery’s clock: The joint liquidators sought documents including material concerning the conduct of Operations’ affairs before Clerys was sold to Natrium on June 12th, 2015. Photograph: Eric Luke

A law firm has been ordered to discover a range of documents concerning the company that formerly operated Clerys department store, including concerni(...)

Clerys was controversially sold and liquidated on the same day in June 2015. Photograph: Dara Mac Dónaill

A law firm which acted for the group that owned Clerys before its controversial sale and liquidation on the same day in June 2015 is opposing an appli(...)

Clerys was sold to Natrium, a vehicle of D2 Private, and KPMG acted as financial adviser to D2 Private when Natrium purchased the OCS companies that owned and operated Clerys, the court was told.

Two former directors of the company which operated Dublin’s landmark Clerys store were “actively misled” into believing the retail business would cont(...)

Gordon Brothers executives Malcolm McAuley and Rafael Klotz are expected to resist disqualification proceedings in the High Court. Photograph: Dara Mac Dónaill

In the Sunday Business Post it is reported that two senior executives of Gordon Brothers, the private-equity fund that made millions by selling off Cl(...)

Former Clerys directors have sold Ben Sherman’s retail operation, putting up to 100 jobs on notice in its stores and at head office. Photograph: Dara Mac Donaill

I see Rafael Klotz and Malcolm MacAulay, the two Gordon Brothers executives who sold the now shuttered Clerys department store to Natrium, are keeping(...)

Solicitors for LS Catering wrote in October to solicitors for wound-up Clerys trading arm OCS Operations, accusing it of “misappropriating” Lorraine Sweeney’s firm’s cash

Lorraine Sweeney, the former Clerys cafe concession owner, has indicated she intends to personally sue Gordon Brothers executives Malcolm MacAulay an(...)

Lorraine Sweeney: says she will file a legal case against the liquidation

Seller Gordon Brothers The two main Gordon Brothers executives who were directors of Clerys are Malcom MacAulay, a veteran financial expert who sourc(...)

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