Brendan O'Donoghue, Director of Corporate Recovery and Restructuring with Russell Brennan Keane was last week appointed as Official Liquidator of Millennium Sales Limited a Galway based Motor Dealership on foot of a petition presented on behalf of the Revenue Commissioners.

The Revenue Commissioners revealed yesterday that they have wound up twice as many firms so far this year than the same period last year. Last Monday alone saw eight high court petitions which is a further snapshot of the deteriorating economic picture.

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