The Examinership mechanism for rescuing companies has “saved” 159 jobs in the second quarter, according to the latest figures released from Hughes Blake. Read the full article in The Irish Times.
Design agency directors Dan Byrne and Daniel Noel Coughlan get court protection from its creditors while a financial rescue plan is sought. Read the full article in the Irish times http://www.irishtimes.com/business/media-and-marketing/huguenot-xmi-granted-request-for-examinership-1.2544536
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
“No SME business is too small to save” Examinership for SMEs has recently moved to the Circuit Court to reduce cost and make the process more accessible. However, regrettably an on-going perception continues to exist that the process of examinership is too expensive for small companies because it involves professional fees running to hundreds of [...]
959 SME Jobs Saved Through the Examinership Process During 2012 Latest figures from the Hughes Blake SME EXAMINERSHIP INDEX show 67% year on year increase on number of SME jobs saved New legislation introducing SME examinership in the Circuit Court set to cut legal costs of the process by up to 50% and could ‘double’ [...]