THE High Court has appointed a liquidator to a private school in Dublin after a judge heard it could not survive as a going concern.
Ms Justice Mary Laffoy appointed Brian Hyland as liquidator of Ashfield College Ltd, Templeogue, which charged €6,950 in annual fees for students taking seven subjects in the Leaving Cert.
The judge was told the private college, which had approximately 100 students, 43 teaching staff and three administrative staff, has a deficit of €1.1m and is insolvent. It does not have the funds to meet its liabilities.
Now even the private schools are being hit. Full story here.