Directors deny transferring assets

Three directors of a company which operated the Brook Lodge Hotel in Aughrim, Co Wicklow, have strongly denied claims by a creditor…

Three directors of a company which operated the Brook Lodge Hotel in Aughrim, Co Wicklow, have strongly denied claims by a creditor, including that they transferred the assets of the premises to a new company to avoid a court order requiring them to pay a €1.2 million debt.

Last Friday, the High Court appointed provisional liquidators to Durgman Entertainment Ltd, the company operating the Brook Lodge Hotel, after being told the company was insolvent and unable to pay a €1.2 million debt to a creditor. The hotel continues to operate.

The court was also told Eamonn Galavan, Clonroche, Enniscorthy, Co Wexford, the creditor owed €1.2 million, would bring contempt proceedings in the Commercial Court yesterday against three Durgman directors.

When the matter came before Mr Justice Peter Kelly yesterday, he was told Bernard Doyle had filed a lengthy affidavit on behalf of the three directors disputing the claims. The judge said he would deal with the matter on Thursday.