Markets
4.8
Pre-pack 'phoenix' firms fail more often, repay creditors less, study finds
Published 2 d ago1 sourceEvidence: Reported
SeverityModerateGuardian WorldLow-rated sourceGB · US
Clearwater Construction & Landscaping, an Irish sports-pitch developer, has gone bust, leaving clubs and schools as creditors owed over €2m. The collapse signals financial distress in the Irish construction sector, though the broader market impact is limited.
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