High Court imposes 5-year disqualification on John Swan and approves liquidation of Carlow-based Swan Fruit Ltd due to mismanagement and insolvency.
The High Court approved a 5-year disqualification on holding company directorships for John Swan, former owner of Carlow-based Swan Fruit Ltd, which entered liquidation with a €2.3m deficit. Swan, his sons Alex and Niall, and the firm went into voluntary liquidation in 2014 due to insolvency, leading to the loss of 23 jobs. The liquidator found evidence of mismanagement, unlawful disposal of assets, and falsified books.
July 29, 2024
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