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Full coverage: examinership

A good fit: NI construction firm to salvage Mac-Interiors

Derry-based construction company Errigal is to invest in the award-winning fit-out firm in a move that will likely take Mac-Interiors out of examinership. Creditors will get to vote on the investment deal later this month.

Francesca Comyn
2nd Aug, 2023 - 2 min read

Blacklough Construction crumbles owing creditors millions after restructuring bid fails

The High Court agreed to wind-up the social housing builder after attempts to draw in new investment to Blacklough failed. The company had recently been the target of several attacks, including a masked raid on one of its sites.

Tom Lyons
17th Feb, 2023 - 2 min read

The sleeping city awakens: How Sonica intends to rebuild itself

Construction firm Sonica built its reputation on inspirational office fit-outs – until Covid-19 dampened the market. Struggling for survival, here is how the Dublin firm plans to claw its way back.

Francesca Comyn
1st Apr, 2022 - 5 min read

American Eagle: Hanging on a thread with a US clothing giant

Six months after the first American Eagle shop opened in Dublin, the US clothing brand terminated the European franchise, leaving an Irish company facing multi-million debts and liquidation. In a surprise move, the publicly traded Pittsburgh firm then tried to save the business through examinership – but not everyone was happy.

Francesca Comyn
11th Mar, 2022 - 14 min read

Mission Impossible: Cold Move’s collapse and the limits of examinership

The examiner of a major retail logistics company at Dublin Port alleged assets worth hundreds of thousands of euro were transferred out of the business while it was insolvent. But his statutory powers expired before he could take steps to rectify the alleged fraud. What happened?

Francesca Comyn
30th Aug, 2021 - 8 min read

“Go negotiate with landlords”: How New Look’s examinership bid came unstuck

In a landmark judgement, the High Court has agreed with landlords that the retailer New Look is not yet insolvent and has set aside the appointment of an interim examiner. The result is expected to set down a marker for failing businesses in the Covid era.

Francesca Comyn
14th Oct, 2020 - 8 min read
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