The High Court has made orders confirming the winding up of the Irish arm of related fashion outlets Oasis and Warehouse, which employed some 248 people here.
The order was made today by Mr Justice Michael Twomey in respect of Oasis Fashions Ireland Ltd, and Warehouse Fashion Ireland Ltd.
The court heard the businesses are part of the Aurora Fashions group, which is owned by Iceland’s Kaupthing Bank.
The judge, who said he was satisfied the firms are insolvent, also confirmed the appointment of Ken Fennell and James Anderson of Deloitte Ireland as joint liquidators of the two related companies.
They were appointed on a provisional basis by the High Court last month. The two companies had operated 13 stores and 29 concession stands in Ireland.
The appointment of liquidators came after administrators were appointed to its UK parent a month ago.
Seeking the joint liquidators’ appointment, Kelley Smith, instructed by Barry Cahir of
Continue reading this atricle at https://www.rte.ie/news/business/2020/0511/1137744-oasis-warehouse-liquidations/