“In the short-term my prediction is that insolvency numbers will return in 2021 to the worst numbers of the last recession,” said Neil Hughes, Managing Partner. “However, I expect them to drop back down sharply again in 2022.” As the economic fallout from COVID-19 continues, the level of corporate insolvencies in Ireland are expected to spike [...]
Supreme Deliveries, the operator of the sole DPD depot in Galway, has successfully exited examinership, employing 14 more people than it did when it entered the process. Managing Partner Neil Hughes was appointed as the examiner to Supreme Deliveries in March, as the coronavirus crisis was rapidly evolving. At the time, the company employed 47 [...]
'The task that faced accountant Neil Hughes, appointed examiner by Mr Justice Peter Kelly, was colossal.' 'But thanks to the 400 Club - a group of fans set up less than three years earlier - Rovers were funded through examinership.' Words from 'Rovers - 15 Years on from the Brink of Extinction.' Article by Mark [...]
The High Court on Friday 13th September 2019 confirmed the appointment of Conor Noone to Munster Football Club Limited t/a Limerick FC. For the full story on RTE's website, please click here
A successful conclusion to a challenging examinership ensuring the survival of three companies and 79 jobs. Another excellent example of the benefits of examinership for viable businesses and enterprises. Great to see coverage in @TheIrishTimes and in other media.
A small bit of history was made yesterday as Baker Tilly's Sarah-Jane O'Keeffe was appointed Ireland's first female examiner. The Circuit Court in Dundalk appointed Sarah-Jane O'Keeffe to the Eastern Seaboard restaurant and bakery in Drogheda, Co Louth, where 43 jobs are at risk. This is the first time a female examiner has been appointed [...]