"The news that Nicholas Galvin Ltd, a major dairy and beef finishing firm based in Kilmacthomas, Co Waterford, entered provisional liquidation in November sent ripples through the cattle sector."
"While a High Court decision quickly secured the welfare of the company's herd of more than 200 cattle at the time, the real shock lies in the €351,000 debt acknowledged by the firm to Cork Cooperative Marts Ltd."
Nicholas Galvin Ltd is a major dairy and beef-finishing firm based in Kilmacthomas, Co Waterford. The firm entered provisional liquidation in November. A High Court decision quickly secured the welfare of the company's herd of more than 200 cattle at the time. The company acknowledged a debt of €351,000 to Cork Cooperative Marts Ltd. The acknowledged liability has caused significant concern across the cattle sector. The combination of court intervention to protect animal welfare and the sizeable debt exposure has heightened scrutiny of financial and operational practices within regional livestock businesses.
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