Almost 1,000 jobs ‘saved’ by examinership process last year
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.
Testimonial – 73 jobs saved
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 [...]
Sharp Increase in Jobs Saved Through Examinership
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 [...]
Majority of companies entering examinership since crash survived
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.
Testimonial
"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 [...]
Naas firm wins court battle against Goldman Sachs
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...
Testimonial – 35 Jobs Saved
"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 [...]
More than 2,000 jobs saved by examinership in 2016
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.
How Golden Discs quietly staged Irish music’s biggest comeback
When it is put to Golden Discs' managing director Stephen Fitzgerald that is seems counter-intuitive that his business is making money and opening new stores at the tail-end of 2016, he laughs and replies: "It does, you're not the first person to say that." Read the full story here...
Galway car dealer to reopen after High Court ruling
The High Court has appointed an interim examiner to west of Ireland car dealership Kenny Galway, effectively replacing a receiver appointed by a fund to the firm earlier this week. Read the full article here.
PRESS: Examinerships save 159 jobs in Second Quarter
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.
SMEs seeking Examinership
Small firms advised to apply for court protection. Read the full story in the Irish Times
Examinership request granted for Huguenot Xmi
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
Examinership still helping reboot firms
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 [...]
18 Jobs saved through Examinership in Ferns today
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 [...]