Press

Irish Company Insolvencies Expected to Peak Next Year

“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 [...]

By |2020-08-10T13:03:17+01:00August 10th, 2020|Press|

SPOTLIGHT ON EXAMINERSHIP: ‘Success Stories – Challenges Met and Overcome’

As businesses respond to COVID-19, it’s important to remember that with the right support and strategies in place, significant challenges can be overcome. In the final part of our 'Spotlight' series on examinership, Dessie Morrow, Corporate Advisory Director, writes about companies which have engaged in the examinership process due to testing times. We have been [...]

By |2020-08-10T13:03:53+01:00April 8th, 2020|Current Developments, Examinership News, Press|

Examinership saved almost 600 jobs last year across 19 different companies

Still an underutilised process, examinership saved almost 600 jobs last year. According to Neil Hughes, Managing Partner at Baker Tilly, the growing number of companies availing of the rescue mechanism is to be welcomed given the uncertainty surrounding Brexit. Full article appears in The Irish Times. Read more here

By |2020-02-19T13:43:48+00:00February 19th, 2020|Current Developments, Examinership News, Press|

SPOTLIGHT ON EXAMINERSHIP: ‘Our focus is rescuing companies that may otherwise fail’

In the second of a three-part series of articles, Dessie Morrow, Director in Corporate Advisory shares his insights on the benefits of examinership, exiting the process and why Baker Tilly are unrivalled in leading cases. What are the benefits for the company going into an examinership? There are many benefits. Too often, we see company [...]

By |2020-01-15T10:47:31+00:00January 15th, 2020|Current Developments, Examinership News, Press|

Spotlight on Examinership: ‘A Rescue Mechanism

In the first of a three-part series of articles, Dessie Morrow, Director in Corporate Advisory discusses examinership. What does the process involve? And what determines whether a company is a candidate for examinership? The Examinership Process The examinership process is a Corporate Advisory rescue mechanism which provides Court protection of up to 100 days to [...]

By |2020-01-14T16:40:14+00:00January 14th, 2020|Current Developments, Examinership News, Press|