Watching out for early warning signs

Despite its high cost, examinership can offer companies breathing space by giving both protection from creditors and time to find a way out of difficulties, writes Brendan Nolan.

4th February, 2006

Despite its high cost, examinership can offer companies breathing space by giving both protection from creditors and time to find a way out of difficulties, writes Brendan Nolan.

Busy company directors should keep their eyes open for early warning signals of financial trouble, according to Declan Taite, corporate restructuring partner with Farrell Grant Sparks (FGS).

‘‘When they see turnover falling it means less profit is coming in and they need a commensurate lessening of the...

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