LIQUIDATORS APPOINTED TO HAULAGE FIRM

Date Published: 30-Aug-2012

A provisional liquidator has been appointed to haulage firm Target Express, for operations in the Republic - where 297 staff, including 10 in Claregalway are based.

Staff at the Lydican depot left Monday after the company ceased trading.

The company is blaming the Revenue Commissioners for freezing the company's bank accounts over a debt of 300 thousand euro.

Meanwhile, former workers staging sit-ins at plants in Cork, Carlow and Wexford are due to meet the provisional liquidator later - in an effort to secure outstanding wages they say they're owed - as well as statutory redundancy entitlements.

Michael McAteer is a partner, and the head of recovery with Grant Thornton - he has heard evidence from the courts to suggest the company's position