Case No. 3130Examinership (corporate insolvency) · Co. Carlow · 8 May 2026

High Court appoints examiner to Rathwood home and garden centre

Judge Rory Mulcahy at the High Court approved the appointment of Padraic Bermingham as examiner to Rathwood, a Carlow-based home and garden centre with €18 million in liabilities, finding the company had a reasonable chance of survival contingent on external investment.

  1. Reportednot reported
  2. Arrestednot reported
  3. Chargednot reported
  4. In court8 May
  5. Verdict
  6. Sentenced
reportedhappened, not reportedlatest stagenot yet

Key facts

consolidated from all reports
13 statements extracted from the articles
  • whatRathwood has liabilities totalling €18 million. (irishtimes.com)
  • what€10 million is owed to trade creditors. (irishtimes.com)
  • what€1.4 million is owed to the Revenue Commissioners. (irishtimes.com)
  • what€2.5 million is owed in customer deposits and vouchers. (irishtimes.com)
  • whatRathwood is a family business controlled by Carmel and Patrick Keogh and their two sons James and Thomas. (irishtimes.com)
  • whatThe company employs 71 people. (irishtimes.com)
  • whatThe two petitioning creditors are owed a combined $3.3 million (€2.8 million). (irishtimes.com)
  • whatThe examiner received nine expressions of interest from potential investors. (irishtimes.com)
  • courtThe High Court approved the appointment of an examiner to Rathwood. (irishtimes.com)
  • courtJudge Rory Mulcahy made the ruling. (irishtimes.com)
  • courtTwo creditors, Paleo Furniture Company Ltd and Anhui DW Living Company Ltd, petitioned the court to place the company in examinership. (irishtimes.com)
  • courtRevenue raised concerns regarding corporate governance at the company, including alleged reckless trading and breaches of fiduciary duties. (irishtimes.com)
  • courtThe case will return in June. (irishtimes.com)

The reporting

newest first
  1. 8 May2026
    Rathwood home and garden centre has ‘reasonable chance’ of survival, court told

    First report of the High Court's appointment of an examiner to Rathwood following a petition by two creditors.