Pressure being applied by so-called vulture funds on Irish firms to repay loans is resulting in a rise in examinership applications, research indicates.

Sixty new jobs are to be created by a company with offices in Dublin, Enniscorthy and Cork.

Examinership helped to save more than 1,200 jobs so far this year, according to a recent report.

Many firms continue to survive solely due to the lifeline offered to them by low interest rates which could put many out of business once removed.

An interim examiner has been appointed by the High Court to a Co Wexford-based steel-fabrication business, which employs 24 people.

Every person who is native to the south east of Ireland struggles to understand why our region was the worst hit by the recession of 2008 to 2013. 

The second quarter of the year saw a significant increase in Circuit Court usage by SMEs applying for examinership.

Nearly 400 SME jobs were saved during the first quarter of this year through use of the examinership process; now made easier and more cost-efficient by new legislation.

A bid by an examiner to mount a rescue scheme for Carlow company Whitelite Automation Ltd and 29 of its employees has failed, the High Court heard yesterday.

Improved access to the examinership process has seen a near-50% rise in the number of jobs saved in SMEs this year, according to new data.

More than 1,700 jobs have been saved through the use of the examinership process for troubled companies in the first nine months of the year — the majority in small-and medium-sized businesses.

More than 1,200 jobs were saved as a result of firms entering examinership in the first half of the year.

The provisional liquidator appointed to the company that publishes Buy and Sell magazine, yesterday asked the High Court for permission to sell it to a subsidiary firm of the Denis O’Brien-owned Communicorp.

The examinership process has saved more than 400 jobs in the first three months of the year, according to a report.

Nearly 2,700 jobs will have been saved this year by companies opting for examinership as a way of trading out of their difficulties, new estimates suggest.

A group of more than 80 investors have found themselves owing almost €18m to Bank of Scotland after signing over power of attorney to an accountant for an investment project.

A businessman, described as the “driving force” behind a property investment firm that went bust in 2009, is unfit to be a company director, the High Court has ruled.

A company director who was served with legal proceedings last Saturday checked himself into St John of God’s the following day, the High Court has heard.

The High Court has ordered the winding up of Eventelephant, a software firm which creates webpages to advertise and sell tickets for various events.

A multi-million euro rescue plan has saved 250 jobs at Barna Waste with Cognito Asset Management buying the company out of examinership.

There was just €1,001 left for creditors after the first full year of the liquidation of Ivan Yates’ Celtic Bookmakers business.

The examinership process saved more than 1,000 jobs in the first six months of this year.

Businessman Alan Hynes has done “his absolute best in very tragic circumstances” in addressing the difficulties facing Tuskar Asset Management plc and should not be disqualified from involvement with companies, his lawyer told the High Court yesterday.

AIB did not receive an additional cent from the receivership of Ivan Yates’s collapsed Celtic Bookmakers business in the last six months of 2012, new documents show.

The High Court has confirmed the appointment of an examiner to companies in the Barna Waste group, which is the largest domestic waste and recycling operator in the West of Ireland.

Examinerships have saved nearly 200 jobs in the first three months of the year, according to a review of the sector which examined the outcome of the process.

A new joint venture, Leonard Curtis Hughes Blake, has been set up to service the growing demand for cross-border restructuring, recovery and solvency cases.

Nearly 1,000 jobs have been saved this year, through struggling SMEs selecting the examinership route as a rescue option.

New legislation to be introduced by the Government is expected to cut the cost of examinership for small businesses by 30% by allowing them to take cases through the Circuit Court.

Small firms in financial trouble are being urged to consider examinership as a potential rescue option; with new data showing that process to have saved nearly 800 jobs already this year.

Glanbia has poured €420,000 into award-winning food producer McEvoy Family Foods Ltd, which went bust last month, the High Court heard yesterday.

An award-winning food producer that got into a financial stew over unmanageable start-up debts has been given a new lease of life by a High Court judge.

The High Court has dismissed an application by AIB to have the former Fine Gael minister and broadcaster Ivan Yates declared bankrupt.

The livelihoods of 71 workers have been secured after the High Court approved a survival plan for a group of service stations and convenience stores in Kildare and Meath.

The High Court has appointed an interim examiner to an award-winning Tipperary food manufacturing company that employs 18 people.

An examiner has been appointed to a company employing 195 people in Dublin and Galway that provides cleaning services to private hospitals and state bodies after the High Court accepted it has a reasonable prospect of survival if certain conditions are met.

The future of awardwinning food business Fallon & Byrne was secured yesterday after the High Court approved a rescue plan for the firm.

Fallon & Byrne, the restaurateur and gourmet food supplies business that entered into examinership last year, was today granted a new drinks license by the Circuit Civil Court for its Exchequer Street, Dublin, restaurant.

Doctors at the Killarney Primary Care Centre yesterday said normal business has not been affected by a High Court decision to appoint an examiner to the Prime Healthcare Group that had been involved in setting up the centre.

THE High Court has confirmed the appointment of an examiner to award-winning iconic food business Fallon & Byrne.

The High Court has confirmed the appointment of an examiner to award-winning iconic food business Fallon & Byrne.