An independent expert report prepared by accountancy and consultancy firm EY Parthenon explains in detail why the well-known commercial fit-out firm Mac-Interiors Ltd (MIL) has a “reasonable prospect of survival as a going concern.” An 85-page report also reveals insights into what went wrong in the business and the scale of the issues it is facing on various fronts, including a winding up petition from the Revenue Commissioners. The report concludes however that the 21-year-old firm can survive, while protected by the courts, if it can “attract new investment which will strengthen its financial position which should enable the Company…

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