Report: More troubled firms availing of examinership

Companies in financial trouble are increasingly availing of examinership to restructure their debts and keep them afloat, according to figures published by accounting firm Kavanagh Fennell.

The insolvency figures for the first half of 2013 show a 20% drop year on year in corporate insolvencies, with figures for June 2013 down 33% compared to this time last year.