A court hears an update on the rescue plan agreed for Rathwood, a garden and homeware retailer. The company entered an examination in late April, as reported by multiple outlets covering the case. Rathwood is described as a business controlled by the Keogh family, based in Tullow, County Carlow.
In the proceedings, the company’s current financial position is outlined. The court is told that Rathwood has total liabilities of €21.16 million. The reported “rescue plan” is presented as the next step in addressing the company’s difficulties following the earlier move into examination.
The sources provide a consistent overview of the timeline and key figures: Rathwood enters examination in late April, the court subsequently reviews progress, and the liabilities figure of €21.16 million is cited. While details of how the plan will operate are not included in the provided excerpts, both reports indicate the rescue plan is already agreed and is being discussed in court.
