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Full coverage: Insolvency

“Catastrophic impact”: anatomy of Usit’s lightning-fast insolvency

One month ago, directors of the historic student travel agency met to sign off on a promising set of accounts. Last week, they agreed to wind up the company. The downfall reveals the devastation being caused by Covid-19 in the travel sector.

Thomas Hubert
1st Apr, 2020 - 8 min read

Cash crunch, faltering margins and chronic oversupply: Why the restaurant industry is braced for an annus horribilis

Five Irish restaurants pulled down the shutters in the first two days of the year and experts say two a week could close this year. Yet, planning applications for new eateries continue to surge. Is it simply healthy competition, or have we reached peak restaurant?

Cait Caden
9th Jan, 2020 - 14 min read

Michael McAteer: “You have to remember when you are dealing with insolvency, it is a people business“

Michael McAteer presided over the wreckage of the financial crash, steering brands from Eircom to The Sunday Business Post back from the precipice. He started as an office boy and worked his way up to become one of Ireland’s leading accountants and insolvency practitioners.

Ian Kehoe
18th Nov, 2019 - 19 min read
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