Saturday June 6, 2020

Examinership uptake drops as small business taps into recovery

But small firms may have to fend off private equity funds looking to cash out

1st April, 2016
Some 138 jobs have been saved through examinership in q1. Pic: Pixabay

The figure is down 63 per cent on the same quarter last year showing a drop in take-up from businesses in trouble for the examinership recovery mechanism.

The tourism and construction sectors both benefitted from examinership in the quarter.

Neil Hughes, Managing Partner at Hughes Blake, welcomed the findings which he said reflect an increasingly widespread recovery.

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