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Scarp

Legal

Revenue ‘extremely concerned’ over issues raised in objection to Dylan McGrath restaurant rescue

A company connected to the Mercantile Group has objected to the Scarp restructuring of Brasserie Sixty6
  • Catherine Sanz
  • January 19, 2023
Business

Number of insolvencies to rise next year, says Isme boss

Despite the certainty that insolvencies among small firms will increase in 2023, Neil McDonnell says Isme is not in favour of supporting ‘zombie companies’ that can’t pay their way
  • Ellie Donnelly
  • December 23, 2022
Closures

Expert signals end to ‘corporate wonderland’ for failing firms

Graham Kenny, a partner at Eversheds-Sutherland, warns of a wave of insolvencies as state supports and creditor forbearance evaporate
  • Peter O'Dwyer
  • December 3, 2022
Business

Removal of state supports may reveal a worrying wobble in SME sector

While our eyes have been diverted to the giant tech companies and their recent job cuts, have we missed a wider underlying problem with our small firms?
  • Ian Guider
  • November 26, 2022
Companies

Entertainment.ie owner enters rescue scheme for companies under serious financial pressure

Dublin-based digital media firm Packed House seeks ‘rescue plan’ amid mounting debts and losses
  • Donal MacNameeand
  • Cónal Thomas
  • November 16, 2022
Business

Government to keep tax warehousing scheme under review

No decision has been taken whether to extend the scheme or not
  • Peter O'Dwyer
  • October 15, 2022
Companies

Businesses face new year shock as Revenue sends in the sheriffs

Revenue sheriffs will seek to collect as much as €500 million in outstanding tax debt in Q1 of 2023 – just as firms struggle to cope with high fuel costs and the cost of living crisis
  • Barry J Whyteand
  • Peter O'Dwyer
  • October 1, 2022
Business

Hundreds of businesses may fail before end of year, experts say

Corporate insolvency practitioners claim factors including rising energy costs, the loss of government pandemic supports and inflation will wipe out weaker companies
  • Peter O'Dwyer
  • September 24, 2022
Hospitality

Dylan McGrath restaurants saved after rescue plan agreed

The businesses behind Dublin restaurants Rustic Stone and Brasserie Sixty6, co-owned by the well-known chef, will have their debts written down as part of the deal
  • Peter O'Dwyer
  • September 21, 2022
Companies

‘Business as usual’ for Tickets.ie as it enters Scarp, says founder

The new Small Companies Administrative Rescue Process was set up in 2021 to help small companies that are viable but insolvent
  • Barry J Whyte
  • August 20, 2022
Business

Ian Guider: Revenue must reconsider hitting SMEs with heavy tax bills

It would be a shame if the Revenue Commissioners’ lack of support scuppered one of the government’s best measures to help small firms survive the ongoing turmoil
  • Ian Guider
  • July 29, 2022

This Working Life: How Scarp can offer a lifeline to ailing smaller business

The Small Company Administrative Rescue Process allows firms to restructure their balance sheets in a quick and cost-efficient way
  • Declan Taite
  • March 20, 2022

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