Saturday November 28, 2020

Corporate Recovery: Why examinership is not the only answer

Despite some encouraging news about property prices, the fact remains that the economy is still struggling as evidenced by the reported 1.6 per cent fall in retail sales in June.

7th September, 2013
Declan de Lacy, director of PKF O'Connor Leddy & Holmes.

Despite some encouraging news about property prices, particularly within the M50, the fact remains that the economy is still struggling, as evidenced by the reported 1.6 per cent fall in retail sales in June. Indeed, the long-suffering retail sector is still in need of serious rehabilitation, and whereas a large company, such as B&Q or Homebase, can take advantage of examinership, smaller retailers simply cannot afford to go to court to look for protection from...

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