Self-help debt recovery evident, court hears

Elements within the construction industry who are owed money have in the past turned to helping themselves when it comes to recovering debts, the Circuit Civil Court heard when an interim examiner was appointed to a Co Dublin machinery rental company.

Counsel Ross Gorman told Judge Jacqueline Linnane that such “self help” remedies of debt recovery created a significant issue in cases where ailing construction companies were under the protection of the court, but with no interim examiner in place to monitor that protection.