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Sat 08 Aug 2007Market volatility forces Irish firm into liquidationThe turmoil in global financial markets has claimed its first Irish casualty with the collapse of a Dublin-based financial firm with liabilities of some $350 million (€259.5 million).Structured Credit Company (SCC), which underwrites credit products for international investment banks, went into provisional liquidation yesterday on foot of High Court action by Japanese banking giant Nomura.