Zoe group companies became unable to repay bank borrowings of a reported €1.3bn and in summer 2009 requested Examinership as protection from creditors, particularly ACCBank who were the first to seek liquidation of some of his companies.
Problems relating to paying the notional long-term economic value (rather than market value) for the loans to be transferred to NAMA were highlighted by the difficulties of Liam Carroll's Zoe Developments.
Lewis Carroll | Liam Neeson | Carroll | Liam Gillick | Lewis Carroll's | Carroll County | Earl Carroll | Robert L. Carroll | Liam Gallagher | John Carroll | Carroll County, Maryland | Diahann Carroll | Liz Carroll | Liam Fox | Liam Cahill | John Carroll University | Jim Carroll | Carroll O'Connor | O'Carroll | Charles Carroll of Carrollton | Carroll Shelby | Carroll County, Ohio | Brendan O'Carroll | Baikida Carroll | Andy Carroll | Sean M. Carroll | Liam Spencer | Liam Ó Maonlaí | Liam Clancy | Carroll Dunham |