‘Business Post’ will be out on Sunday
The newspaper — which employs 76 full-time staff — has seen its revenues halve in the past five years, is loss making and insolvent but has a reasonable prospect of survival as a going concern provided certain conditions are met, the High Court heard.
Appointing Michael McAteer of Grant Thornton as interim examiner, Mr Justice Peter Kelly said he was satisfied the appointment was “desirable and necessary”.