Clerys meet with liquidators

91 Creditors Meeting Clerys 90391749

Clerys department store met with liquidators for a meeting last Tuesday in Dublin. The historic store, that dates back to 1853, was liquidated in June of this year.

Five committee members were chosen to represent their creditors on Tuesday afternoon.

KPMG liquidators have revealed that approximately 400,000 euro is to be shared among concession holders who say there is still up to 2 million euro payable to them.

However it is said that the liquidators have agreed that the concession holders are owed 1.3 million euro due to assets being retained in trust.


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