Examinership
This is protection given by the High Court to a company against its creditors for a period of time. It allows the company to continue trading. Examinership is an option to an insolvent company instead of going into liquidation.
# examinership - Today’s News
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# examinership - Tuesday 7 May, 2013
The 5 at 5: Tuesday
5 minutes, 5 stories, 5 o’clock…
Good news: Over 600 jobs saved as B&Q exits examinership
Around 640 jobs have been saved as the home improvement retailer’s eight stores across the country remain open but one store has closed with nearly 50 jobs lost.
137 jobs saved as 12 out of 24 Pamela Scott shops exit examinership
The company also announced plans to expand by opening up to six new stores in next 18 months.
# examinership - Tuesday 2 April, 2013
B&Q Athlone store to remain open after negotiation on lease terms
The store currently employs 45 people and will remain open subject to a successful outcome to examinership.
# examinership - Thursday 7 March, 2013
Interim examiner appointed to ‘Sunday Business Post’ newspaper
Mick McAteer of Grant Thornton is tasked with finding a viable business plan for the paper, which employs 76 people.
Examiner to be appointed to Sunday Business Post
The newspaper will apply to the courts for examinership later today.
# examinership - Wednesday 6 February, 2013
Exiting examinership: 25 jobs saved at Wexford Viking Glass Ltd
The company, which has been trading for 75 years, entered examinership last October.
# examinership - Friday 1 February, 2013
Mandate seeks urgent meeting with B&Q management
Mandate said it was relieved to hear that the stores will continue trading.
# examinership - Thursday 31 January, 2013
Examiner appointed to B&Q Ireland
The company said they have been impacted by the recession and in particular by the decline in consumer spending in the housing sector.
# examinership - Wednesday 16 January, 2013
Deloitte appointed as receiver to HMV Ireland, stores remain closed
The move had been expected and puts the company’s 16 stories in Ireland and around 300 jobs in serious doubt.
HMV’s Irish stores closed as NCA says they should honour vouchers
The National Consumer Agency has said that it has now clarified that the music retailer’s Irish operation is not in administration and should therefore honour gift vouchers.
# examinership - Monday 24 December, 2012
Chevron Training successfully exits examinership
The company’s 15 jobs have now been saved as it has secured two new contracts for 2013.
# examinership - Tuesday 20 November, 2012
The 9 at 9: Tuesday
The nine stories you need to know this morning.
# examinership - Sunday 21 October, 2012
Explainer: What does liquidation, examinership and receivership mean?
Businesses have always failed – recession or otherwise – but what happens when they do, and what are the different options that are available to them.
# examinership - Tuesday 31 July, 2012
Five companies went bust each day of July, says Vision-net
Half of those stress-tested by the credit and risk analyst also showed signs of being on the brink of failure.
# examinership - Sunday 22 July, 2012
Peats ‘World of Electronics’ to exit examinership
The long-running Dublin chain is set to exit examinership following a successful meeting with creditors.
# examinership - Wednesday 6 June, 2012
Atlantic Homecare announces plans to close five stores
Stores in Dublin, Cork, Newbridge, Limerick and Galway are threatened with closure.
# examinership - Tuesday 22 May, 2012
Eircom to exit examinership in June after restructuring plan’s approval
The High Court today approved the plan which sees group debts cut by 40 per cent to €2.3 billion.
# examinership - Tuesday 1 May, 2012
118 new start-ups underway each day last month
However, 55 per cent of the 11,156 companies surveyed by Vision-net last month were deemed as being at high risk of collapse.
# examinership - Monday 30 April, 2012
You wanted a book of John Hinde postcards? You got it.
Photographic arm of classic postcard company has made its way back out of examinership – and has produced a collectors’ book… on the suggestion of TheJournal.ie readers.
# examinership - Friday 30 March, 2012
Business as usual at Eircom as interim examiner appointed
Services nor staff will be impacted by the “necessary” move, according to the communications company.
# examinership - Thursday 15 March, 2012
95 jobs saved as pharmacy group emerges from examinership
Court protection will remain in place until 28 March.
# examinership - Wednesday 1 February, 2012
Four companies went out of business each day in January – report
The number of corporate insolvencies last month marked an increase of almost 40 per cent on the same period last year.
# examinership - Thursday 27 October, 2011
’600 jobs on the line’ after receivers appointed to Mr Binman group
The High Court refuses to appoint an examiner to the waste collection chain – a move which may put hundreds of jobs at risk.
# examinership - Monday 15 August, 2011
Feargal Quinn gives blessing to Superquinn sale
The founder of the Superquinn chain says he is “delighted” that the Musgrave Group is to buy the troubled supermarkets.
# examinership - Wednesday 6 July, 2011
Over 1,000 companies declared insolvent in first half of 2011
While the number of company startups was higher in 2011, the numbers going out of business also rose.
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