More than 100 jobs have been saved following a High Court decision to sanction a rescue package for a Dublin engineering and fit-out company.
The court has approved a scheme of arrangement for Ashcoin, which sought bankruptcy protection from its creditors in January. The company had debts of almost €8 million.
Under a scheme of arrangement devised by the firm’s examiner, De clan Taite of accountancy firm FGS, an unnamed investor has agreed to put €1...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team