Businessman Kevin McConnon, joint owner with his wife, Yvonne, of McConnon Meats Ltd, was yesterday granted a 40-day extension to a High Court order protecting him from any action by creditors pending negotiation of a personal insolvency arrangement.
Barrister Keith Farry, counsel for Mr McConnon told Mr Justice Robert Eagar that a 70-day protective certificate granted by the High Court in October runs out today.
Mr Farry, who appeared with Ashtown Gate Solicitors, said the extra protection was necessary to allow Mr McConnons main creditor, AIB, consider new proposals put forward by his personal insolvency practitioner Tara Cheevers.
Ms Cheevers, of Trim, Co Meath-based ACO Financial and Business Solutions, told the court in an affidavi…
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