Chartbusters survival hearing adjourned

THE examiner of Chartbusters home entertainment stores has been given more time to put together a survival scheme for the stores with a view to saving some 170 jobs.

Chartbusters survival hearing adjourned

Mr Justice Peter Kelly yesterday adjourned to Tuesday next a hearing to consider whether to approve a survival scheme for the group after being told by Rossa Fanning, for examiner Neil Hughes, his client needed time to address certain matters.

The court heard potential investors in the group wish to consider a recent letter from Bank of Scotland Ireland concerning the terms under which it was prepared to continue providing facilities for the group. Approval of the scheme could save up to 172 jobs, it was indicated.

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