Simon Coyle of Mazars has been appointed receiver to two firms in the Tweedy group, one of the biggest pub and nightclub businesses outside of Dublin, after the High Court last week rejected a rescue deal put forward by examiner Kevin Hughes.

Retail continues to be affected by high rents and the downturn in consumer spending but the company behind high street chains Vera Moda, Jack Jones and Name It was thrown a lifeline by the High Court yesterday.

Examiner appointed to Bestseller Retail, fall in value of Development Land, possible reason behind delay in merger of INBS and EBS, two of the portfolio management team for NAMA, NAMA seen as test model for the EU.

PROPERTY Fleming group, Ely Property, Lark Developments, Tom O’Callaghan; HOSPITALITY Tweedy pub group; RETAIL Hughes & Hughes; HEALTHCARE Aras Ui Dhomhnaill; PRINTING Wood Printcraft

The High Court has today ordered the winding up of three companies in the Fleming construction group following a decision yesterday by the Supreme Court to uphold an appeal by ACC Bank against an earlier High Court order placing the companies under examinership.