Sunday October 25, 2020

Examinership lite: will it really help your small business to escape debt?

The government says that its new examinership legislation will be a boon to small businesses, but many experts remain unconvinced by its supposed effectiveness, writes Philip Connolly.

8th December, 2013

A brave new world, or just another piece of window- dressing? For many small firm owners stricken by debt, the impact of the government's new examinership legislation could be crucial to the very survival of their business.

Due to be put into law before Christmas, the fast-tracked bill is designed to reduce the financial burden on companies that need to restructure by allowing them to seek a so-called ''examinership lite'' through the Circuit Court, rather...

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