"Liquidators have already repaid over €235k in rent arrears and €17k in rates"
"A liquidator's report in the company that was behind Dylan McGrath's now closed Brasserie Sixty6 restaurant in Dublin has laid bare the scale of the debts that were owed by the business."
"The report shows that creditors of Home RBVR Ltd were owed a total of just over €1m after the outlet closed. It had assets of €378,000."
Liquidators repaid more than €235,000 in rent arrears and €17,000 in rates linked to the closed Brasserie Sixty6 in Dublin. The business behind the outlet, Home RBVR Ltd, owed creditors just over €1 million after closure. The company held assets totaling €378,000. The gap between liabilities and assets was therefore approximately €622,000, creating a shortfall for creditors. The liquidators managed partial repayments of specific debts while the overall creditor claim remained substantially larger than available assets.
Read at Independent
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