The company behind Stanley’s, the Dublin chain of newsagents, is insolvent and last week sought the protection of the court in order to restructure.
Court documents filed last week for Crossan Hennessy Newsagents described the business as having “a reasonable prospect of survival”.
The company “has 56 employees whose jobs can be saved if the company can enter into a scheme of arrangement with its creditors”, the filings said.
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