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. [...]
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 [...]
Examinership: ‘Those who are transparent – they’re the ones who are more likely to come out the far side’
Read the recent news article that highlights the numbers opting for examinership https://bit.ly/2KzrhYn
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 [...]
OVER 15,000 JOBS SAVED THROUGH EXAMINERSHIP IN LAST 9 YEARS Baker Tilly Examinership Index Shows that 501 Jobs were saved in 2018 31st January 2019: Baker Tilly has today announced that 330 companies applied for the appointment of an Examiner and 15,284 jobs have been saved through the examinership corporate [...]
Some 957 jobs were saved through the examinership mechanism in 2017, with 22 companies successfully emerging from the process, read the full article from the Irish Times here.
Great to receive a kind testimonial following a recent successful examinership case resulting in 73 jobs being saved. “We are absolutely delighted with the outcome and are most appreciative of the efforts of you Neil Hughes, your team and your firm, specifically highlighting Conor Noone, who lead the project brilliantly [...]
Baker Tilly Hughes Blake Examinership Index Shows 492 Jobs Saved in First 6 Months of 2017, up 66% on the same period last year Figures demonstrate the positive outcomes examinership achieves in face of political uncertainty Monday 10th July 2017: New data released today to mark the end of the [...]
Of the 420 companies that had an examiner appointed between 2007 and 2016, some 56 per cent of them are now back on their feet. Read the full article from the Irish Times here.
"Thank you both very much for your help on all aspects of our business. Only for both of you our business would be gone by now. You are both brilliant at what you do I have never had dealing with people that was so good and professional in their line [...]
Com-Plas Packaging, successfully ousted a receiver installed by a Goldman Sachs last week and convinced the High Court the business could be saved by examinership with the court appointing Dessie Morrow examiner and 100 days to restructure the company's finances. Read the full article from the Sunday Business Post here...
"Great to receive a kind testimonial following our recent successful examineship having saved 35 jobs; "Much appreciation to you Neil Hughes and your team, from our initial contact with your organisation we experienced professionalism, positivity, pragmatism and patience. It's been a life changing experience and we are just grateful you [...]
The largest number of jobs were saved in the third quarter when Debenhams successfully exited the examinership process, preserving 1,415 jobs in the UK retailer. Read the full article here.