Court approves examiner to hardware supplier

The High Court has approved the appointment of an examiner that supplies hardware, timber preservative and bathroom products and that employs 45 people.

Today Mr Justice John MacMenamin said he was satisfied to appoint Mr Kieran Wallace of KPM as examiner of Protim Abrasives Ltd, Northwest Business Park, Ballycoolin, Dublin 15 on the basis that information contained in an independent accountant's report showed that the company has a reasonable prospect of survival as a going concern.