corporate restructuring and insolvency review of 2013

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On the corporate insolvency front, 2013 showed positive signs of corporate recovery with overall corporate insolvencies down 19%, Liquidations down 22% , Receiverships down 9% and Examinerships down 22%. With the introduction of the new examinership legislation aimed at the SME sector, liquidations should continue to decline  while more companies avail of the  new examinership  ‘lite’ route. An excellent article by kavanaghfennell.

 

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John O'Connell & Co., Chartered Accountants, Corporate Recovery & Insolvency Practitioners, Independent Financial Centre
33 Bank Place, Mallow, Co. Cork, Ireland :: Phone +353 (0)22-21132