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.
- Reportednot reported
- Arrestednot reported
- Chargednot reported
- In court8 May
- Verdict
- Sentenced
reportedhappened, not reportedlatest stagenot yet
Key facts
consolidated from all reports13 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- 8 May2026Rathwood 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.