The company behind Packed House, which runs Entertainment.ie and several other websites, has appointed a process advisor to work out a rescue plan under the new Small Companies Administrative Rescue Process (Scarp).  The process was designed to help small businesses – those with no more than 50 staff and a maximum turnover of €12 million – that typically can’t afford the fees associated with a High Court examinership, but which can be salvaged through a restructuring process.  To date, fourteen companies have used the fast-track rescue process since it was introduced last year. It can conclude within seven weeks. Michael…

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