In the today’s Irish Examiner, Neil Hughes Examiner and Managing Partner at Hughes Blake discusses how despite the increase in consumer sentiment, retailers across the country are continuing to turn to examinership to address legacy issues such as unsustainable leases and high debt. Read the full article by clicking on the image below
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
EXAMINERSHIP BY HUGHES BLAKE
Hughes Blake are market leaders in the examinership sector.
We have been involved in over 100 examinership cases to date.
At Hughes Blake we are dedicated to the preservation of viable businesses.
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To date, Hughes Blake has a success rate of over 90% of all the cases we have been involved in.
We are specialists in Examinerships for retail businesses.
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There is no requirement for upfront examinership fees.
Partners take a personal interest in every examinership appointment.
We are passionate about saving businesses and preserving employment.
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18 jobs were saved in Ferns today when Lodgewood Engineering emerged from Examinership. In the High Court in Dublin a scheme was approved which allows the company to continue trading as one of the leading engineering companies in the South East. The company also operates a tool and garden machinery centre off the N11 just […]
Examinership helped to save 1,251 jobs this year The economy may be in recovery mode but Irish companies are continuing to turn to examinership as they seek to deal with legacy issues such as unsustainable leases and debt. New figures from chartered accountants Hughes Blake, a firm which provides examinership services, indicates that 1,251 jobs […]
With the Economy growing, is the spectre of Insolvency less of a threat to businesses and how has our relationship with this difficult process changed since the downturn? These are just some of the questions Neil Hughes, Examiner and Managing Partner at Hughes Blake discusses on RTE’s The Business Show with Richard Curran. Listen to […]
Business is up at Fossett’s Circus and the circus is set to break even in 2015 after exiting examinership earlier this year. Examiner Joseph Walsh of Hughes Blake says ”He is happy that this process has turned out positively for all involved.” Read the full article on the Irish Independent here
UPTAKE ON EXAMINERSHIP SLOWS BUT CHALLENGES REMAIN FOR MANY SMES Hughes Blake SME Examinership Index Reveals 168 Jobs Saved in Small and Medium Businesses in Q3 SME Recovery Must Take Priority in Upcoming Budget – Neil Hughes Examiner at Hughes Blake New data from the Hughes Blake SME Examinership Index released today reveals that uptake […]