One of Ireland’s most prominent architecture firms, Murray O’Laoire Architects, has today announced that it is going into liquidation. The cause is said to be a range of financial issues, including cumulative bad debts and ongoing difficultly in securing profitable work and payment. In a statement released this morning, the directors of Murray O’Laoire acknowledged the ‘enormous contribution of so many wonderful, talented and tremendously loyal staff’. The company currently has 127 staff, with multiple offices in Ireland and additional bases in Slovakia, Russia, Germany, Libya, Barbados and Abu Dhabi. In a statement released this morning, the firm expressed regret at the decision, saying: "We will do all we possibly can within the constraints of the liquidation process to minimise the impact of this event on our creditors, our clients and our staff." A creditors’ meeting is expected to be held within the new few days.