Neil Hughes, Managing partner at Hughes Blake is interviewed on RTE Radio 1 morning business news about the latest figueres published by Hughes Blake SME examinership index. Neil states that 1,200 jobs had been saved last year through the process by which struggling businesses refinance and save themselves from closure. “A further 372 jobs were […]
Market Leaders in the Examinership Sector
“A procedure unique to Ireland, examinership is a rescue process designed to help any struggling business recover from insolvency.
Available since 1990, examinership involves the appointment of an accountant as “Examiner” by a Judge in the Circuit Court (or High Court for large companies) to shepherd the company through a breathing-space restructuring period of up to 100 days. The process was responsible for maintaining over 2,500 jobs in Ireland last year.”
Neil Hughes, Examiner, Managing Partner, Hughes Blake Chartered Accountants
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To date, Hughes Blake has a success rate of over 90% of all the cases we have been involved in.
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New data reveals 1,243 jobs saved in small and medium businesses following examinership this year. The Latest Hughes Blake SME Examinership Index Highlights Ongoing Corporate Restructuring Across the Country: 154 jobs saved in SMEs through the examinership process in Q4 2014 49% increase in the number of SME jobs saved by examinership year on year […]
New figures from accounting firm Hughes Blake show almost 1,100 jobs were preserved at companies which went through the examinership process over the first nine months of the year. That’s a 52% increase on the same period in 2013 though the figure is skewed by the large numbers of jobs saved at sports retailer Elverys […]
Hughes Blake index shows that cheaper corporate rescue system having impact. Close to 1,100 jobs have been saved since the beginning of the year by placing companies in examinership, the corporate rescue mechanism that allows troubled businesses to seek court protection from creditors. Accountancy firm Hughes Blake….” By Barry O’Halloran Source: Irish Times 29th September […]
The latest Hughes Blake SME Examinership Index, published today, reveals that the examinership process saved a total of 1,089 jobs in small and medium sized businesses in the first nine months of this year. This figure represents a 52% increase on the same period in 2013, with 539 jobs having been saved in Q3 alone, […]
The latest Hughes Blake SME Examinership Index has revealed that the examinership process saved a total of 1,089 jobs in small and medium-sized businesses in the first nine months of this year. This figure represents a 52pc increase on the same period in 2013, with 539 jobs having been saved in Q3 alone, which was […]