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Wellman International says it has seen losses in the double-digit millions in 2023 and 2024, but its board believes it has a potential future

Job fears as Wellman International to enter examinership

There are fears over possible job cuts at Wellman International after it filed a petition with the High Court to place its operation in Mullagh, Co Cavan into examinership.

Business • 03 Jun

As part of the bankruptcy, the company is planning to commence examinership proceedings here

Mallinckrodt files for bankruptcy

Drugmaker Mallinckrodt has said the company and some of its units have filed for a second bankruptcy in 3 years in the U.S., with the newest restructuring plan set to reduce its debt by about $1.9 billion.

Business • 28 Aug 23

Mallinckrodt is planning to initiate Chapter 11 bankruptcy proceedings for the second time in three years

Mallinckrodt plans to file for examinership

Mallinckrodt said today it was planning to initiate Chapter 11 bankruptcy proceedings for the second time in three years.

Business • 28 Aug 23

An application to have the firms placed into examinership failed

High Court orders wind up of two Russian leasing firms

The High Court has made orders winding up two Russian state-owned aircraft and shipping leasing firms, GTLK Europe DAC, and GTLK Europe Capital DAC, which are registered in Ireland.

Business • 31 May 23

SCARP was introduced as a cost-effective alternative to the examinership process which, due to its expense, is often out of the reach of small and micro-firms

365 jobs secured under small firm rescue process

365 jobs have so far been secured as a result of 16 small businesses availing of the expedited restructuring process for viable small firms which need to be rescued financially, according to an analysis by the business advisory firm, Baker Tilly.

Business • 23 Jan 23

Mallinckrodt said it expects the Irish Examinership Proceedings to take about 100 days

Mallinckrodt seeks examinership amid restructuring

US pharmaceutical company Mallinckrodt is heading for examinership here in as efforts to agree a debt restructuring deal in the US have been agreed.

Business • 04 Feb 22

(Stock image) The court approved the scheme presented by the examiner

Regional-based pharmacy group Otheca exits examinership

The Otheca Group, which consists of a group of regional pharmacies in the Wicklow area, has successfully exited examinership following a court hearing yesterday.

Business • 20 Jan 22

The interim period of the Companies Act 2020 has been extended to April next year after Government approval this week

Virtual general meetings allowed to continue

The interim period of the Companies Act 2020 has been extended to the end of April next year following Government approval this week.

Business • 09 Dec 21

The Small Firms' Association said it is vital the new laws are enacted as soon as possible

Oireachtas passes new small firms restructuring rules

New laws aimed at making it quicker, simpler and cheaper for small businesses in financial difficulty to restructure have been passed by the Oireachtas.

Business • 13 Jul 21

Norwegian now plans to cut its fleet to 53 jets, from 140 before the pandemic

High Court approves Norwegian Air restructuring scheme

The High Court has cleared the way for Norwegian Air to raise new capital and emerge from bankruptcy protection in Ireland and Norway in May by approving the airline's restructuring scheme.

Business • 26 Mar 21

Neil Hughes, Managing Partner, Baker Tilly

Covid supports delaying firms requiring examinership

The examinership process saved almost 600 jobs in Ireland in 2020, new figures show today.

Business • 21 Jan 21

The airline's aircraft assets are held in Ireland

Norwegian Air seeking examinership in High Court

Norwegian Air has asked the Irish High Court to oversee a restructuring of its massive debt as it seeks to stave off collapse amid the coronavirus pandemic, the airline said.

Business • 18 Nov 20

Fish Shack owner PBR Restaurants Limited has successfully exited examinership

PBR Restaurants successfully exits examinership

PBR Restaurants Limited, which employs 72 people in Dublin, has successfully exited the examinership process.

Business • 09 Dec 19

Manley Construction is a family-run business which has been operating since 1987

Jobs saved as Manley Construction exits examinership

Co Meath-based Manley Construction has today exited examinership after 100 days following a High Court hearing.

Business • 16 Mar 18

Debenhams Retail (Ireland) has 11 stores around the country

Examiner appointed to Debenhams Retail (lreland)

The High Court has appointed an Interim Examiner to Debenhams Retail (Ireland), a wholly-owned subsidiary of Debenhams, following an application by the directors of the company.

Business • 12 May 16

Oil exploration company Petroceltic was placed in examinership in March

Worldview to take control of Petroceltic

Exploration company Petroceltic International said a court examiner had selected its largest shareholder, Worldview Capital Management, to take control of the group.

Business • 12 May 16

The figures reflect increased business owner confidence across the country, where the recovery is finally beginning to filter through for many businesses

Demand for examinership falls - Hughes Blake

Demand for examinership as a corporate recovery mechanism appears to be falling, according to the latest index from the insolvency experts Hughes Blake.

Business • 01 Apr 16

Three Mothercare Ireland shops to close - two in Dublin and one in Limerick

Mothercare Ireland exits examinership process

Over 250 jobs across the country have been secured after the High Court approved Mothercare Ireland's exit from the examinership process.

Business • 28 Oct 15

Mothercare Ireland has 18 stores across the country and employs 276 people

Interim examiner appointed to Mothercare Ireland

An interim examiner has been appointed by the High Court to Mothercare Ireland, which employs 276 people in 18 stores across the country.

Business • 23 Jul 15

Bookies chain employs over 800 people in Ireland

Jobs fear as Ladbrokes Ireland enters examinership

Bookies chain Ladbrokes Ireland has been placed in examinership after an application to the High Court.

Business • 21 Apr 15

SMEs were increasingly taking advantage of the examinership process through the Circuit Courts

1,243 jobs saved through examinerships in 2014

More than 1,200 jobs were saved following an examinership process during 2014, according to figures published today.

Business • 23 Dec 14

An average of 127 new start-ups each day of the first quarter, Vision-net figures show

Over 10,700 new start-ups recorded in Q1

A total of 10,741 new business and company start-ups were recorded in the first quarter of this year, up 6% on the same time last year.

Business • 31 Mar 14

SIAC's operating businesses will be separated from the investment and property companies

SIAC gets approval to exit examinership

Construction firm SIAC Holdings Ltd has received approval from the High Court to exit examinership, but cautioned that it could cut up to 40 jobs as part of a restructuring plan.

Business • 14 Feb 14

Carl Scarpa entered examinership in October 2013

Carl Scarpa to exit examinership later this month

Shoe shop retailer Carl Scarpa has announced 12 redundancies and two store closures as part of a plan that will see the retailer exit examinership later this month.

Business • 14 Jan 14

A-wear owner Michael Flacks - over 300 jobs under threat at fashion chain

Receiver appointed to A-Wear chain

A receiver has been appointed to the A-Wear chain of shops after the company failed to exit examinership.

Business • 28 Nov 13

Examinership