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...
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.
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.
Small firms advised to apply for court protection. Read the full story 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 [...]
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 [...]
Examinership helped to save 1,251 jobs this year The economy may be in recovery mode but Irish companies are continuing to turn to examinership as they seek to deal with legacy issues such as unsustainable leases and debt. New figures from chartered accountants Hughes Blake, a firm which provides examinership [...]
With the Economy growing, is the spectre of Insolvency less of a threat to businesses and how has our relationship with this difficult process changed since the downturn? These are just some of the questions Neil Hughes, Examiner and Managing Partner at Hughes Blake discusses on RTE's The Business Show [...]
Business is up at Fossett's Circus and the circus is set to break even in 2015 after exiting examinership earlier this year. Examiner Joseph Walsh of Hughes Blake says ”He is happy that this process has turned out positively for all involved.” Read the full article on the Irish Independent [...]
UPTAKE ON EXAMINERSHIP SLOWS BUT CHALLENGES REMAIN FOR MANY SMES Hughes Blake SME Examinership Index Reveals 168 Jobs Saved in Small and Medium Businesses in Q3 SME Recovery Must Take Priority in Upcoming Budget – Neil Hughes Examiner at Hughes Blake New data from the Hughes Blake SME Examinership Index [...]
The Department of Finance today published the final set of Exchequer Returns before the Budget. Exchequer Returns for August showed that the taxman collected about €1.4bn more than forecast in the first eight months of the year, meaning the take for the entire year could end up close to €2bn [...]
Hughes Blake quarterly Examinership Index reveals some 871 jobs were saved in SMEs through the examinership corporate recovery process in the first nine months of the year, according to new figures. According to Neil Hughes Examiner at chartered accountants Hughes Blake, there were 168 jobs saved through examinerships in the [...]
Neil Hughes Examiner at Hughes Blake has been appointed interim examiner by the High Court to a County Wexford based steel fabrication business, which employs 24 people. Read more here
A personal micro-credit scheme is proposed by the Dept of Social Protection whereby people who might otherwise have to go to moneylenders will be able to access small loans quickly and with just minor credit checks. A pilot scheme could be in place by September making loans of up to [...]