Interim examiner appointed to construction firm Pierse

The High Court has appointed an interim examiner to one of the State's largest construction firms Pierse Contracting after being informed that an independent accountant's report has revealed the firm has a reasonable prospect of survival.

Mr Justice Brian McGovern this evening said he was satisfied to appoint chartered accountant Mr John McStay as interim examiner to Pierse Contracting and Pierse Building Services which is involved in the fitting out and refurbishing of premises for blue chip clients.