The vultures are circling

Special Sunday Business Post investigation reveals rate of receivership actions has more than doubled

28th August, 2016

An exclusive analysis by The Sunday Business Post has revealed that vulture funds are tightening their grip on thousands of small businesses around the country, with hundreds of receivership actions taken by the funds in recent months.

A database compiled by this newspaper, which analyses almost 500 receivers put in place over the debts of Irish companies since May 2015, shows that the rate of action by funds has more than doubled.

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