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Dan Morrisseys

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  • 18-06-2014 10:29pm
    #1
    mosesgun
    Registered Users Posts: 198 ✭✭


    Has anyone heard anything regarding Dan Morrisseys today? I heard tonight that the receivers have been called in and the gates are locked. Not good news for Carlow if true.


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    #2
    D_BEAR
    Registered Users Posts: 278 ✭✭D_BEAR


    http://www.rte.ie/news/2014/0619/624962-dan-morrissey/


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    #3
    Owryan
    Closed Accounts Posts: 4,024 ✭✭✭Owryan


    Been on the cards for a while. Permission to expand the quarry at Clonmelsh was denied a while ago putting the company in jeopardy

    http://www.independent.ie/regionals/carlowpeople/news/closing-time-at-clonmelsh-29317872.html


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    #4
    AlanS181824
    Banned (with Prison Access) Posts: 5,575 ✭✭✭AlanS181824


    Was about to post a thread about this.

    They've been here what, 50 years?

    Sad to see them go.


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    #5
    mosesgun
    Registered Users Posts: 198 ✭✭mosesgun


    Might not be gone. They have until 5pm tomorrow evening to appoint an examiner. If this is successful they could continue to trade for at least 100 days. If not, the place will close. I spoke to the receiver this afternoon and either outcome is possible right now. Staff don't know whether they're coming or going.


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    #6
    screamer
    Registered Users Posts: 6,148 ✭✭✭screamer


    That's awful for the employees, feel sorry for them altogether. To be honest, I don't know where the 30 houses within 500 metres are there at all. I know this has been going on for a while regarding Clonmelsh, I think they had to scale back the production a few years ago because of planning issues, but, to be honest, how can a company who supply concrete survive with no raw materials....... sad to see this, I hope they can stay going, there's so few large employers left in Carlow.


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    #7
    byhookorbycrook
    Moderators, Education Moderators, Regional South East Moderators Posts: 12,498 Mod ✭✭✭✭byhookorbycrook


    Clonmelsh isn't their only quarry,is it? Have they one near Palatine?


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    #8
    screamer
    Registered Users Posts: 6,148 ✭✭✭screamer


    They have one in Benekerry, but Clonmelsh is the main one for lime for concrete, I think Benekerry is only a stone and sand quarry. I think they have one in Wicklow also, but Clonmelsh was the kingpin I think.


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    #9
    sparkynash
    Registered Users Posts: 142 ✭✭sparkynash


    Im sure just like Stephen murphy,mr Morrissey wont be out of pocket.Carlow was once a great employer but not anymore.


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    #10
    oscillating wildely
    Registered Users Posts: 120 ✭✭oscillating wildely


    I had to ring them three times earlier in the year to get a quote and when I did receive it they were 40% more expensive than everyone else; not the way to win or maintain business.


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    #11
    sparkynash
    Registered Users Posts: 142 ✭✭sparkynash


    Pure and utter greed has mr Morrissey where he is today,Bertie helped him along the way judging by the photos of them...lol.


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    #12
    mosesgun
    Registered Users Posts: 198 ✭✭mosesgun


    5:00pm today will tell a lot. Either they'll be open for business on Monday morning or they'll be gone for good. I'm betting they'll go into examinership and will continue to trade.


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    #13
    Cobs
    Registered Users Posts: 165 ✭✭Cobs


    I think it would be a very sad day if Morrissey's was to close.
    It would hit the local community pretty hard with the loss of over 160 jobs and the end of a third generation family business.


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    #14
    iano.p
    Closed Accounts Posts: 817 ✭✭✭iano.p


    They have 100 days now. I cant see it closing. We get alot of stuff from them in work and they lads in the truck are always on the go


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    #15
    Cobs
    Registered Users Posts: 165 ✭✭Cobs


    It's great news for Carlow that another family business is saved.
    With some luck the can things sorted and the will be going for another 80 plus years.


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    #16
    winnie the schtink
    Registered Users Posts: 287 ✭✭winnie the schtink


    who said 100 days?


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    #17
    sparkynash
    Registered Users Posts: 142 ✭✭sparkynash


    What is he 27 million in debts,he dug himself a hole he mite never fill.


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    #18
    PeteFalk78
    Closed Accounts Posts: 762 ✭✭✭PeteFalk78


    winnie the schtink wrote: »
    who said 100 days?

    http://en.wikipedia.org/wiki/Examinership
    Examinership[1]:1379–1460[2]:489–608 is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court.
    To obtain the appointment of an examiner it is necessary to petition the High Court and persuade the court that there is a reasonable prospect of survival of the company and the whole or part of its undertaking if an examiner is appointed.
    The examiner has a fixed period of 70 days[3]:1344 (extensible to 100 days[3]:1369) in which to prepare a scheme of arrangement, which must be approved by at least one class of creditors of the company. If it can be shown that the scheme provides for the survival of the company and the whole or part of its undertaking and that it is not unfairly prejudicial to any creditor(s) of the company the court has discretion to approve the scheme.


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    #19
    winnie the schtink
    Registered Users Posts: 287 ✭✭winnie the schtink


    i am quite aware of what it is,i was looking for a link to where it was granted


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    #20
    PeteFalk78
    Closed Accounts Posts: 762 ✭✭✭PeteFalk78


    winnie the schtink wrote: »
    i am quite aware of what it is,i was looking for a link to where it was granted

    http://www.rte.ie/news/2014/0620/625363-dan-morrissey/


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    #21
    iano.p
    Closed Accounts Posts: 817 ✭✭✭iano.p


    winnie the schtink wrote: »
    i am quite aware of what it is,i was looking for a link to where it was granted

    Cant link on my fone. But they are open i got two loads out of there today


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    #22
    mickos
    Registered Users Posts: 298 ✭✭mickos


    They got a 2 weeks stay to allow them time to put in the application for examinership, they haven't got the 100 days yet. I'm told they are in court this Thursday. Workers were not paid last week and may not be paid this week. I worked there a few years ago myself always found it a good company. Sad to see it come to this.


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