Circus may ask court for creditor protection

Fossett Brothers Circus, which a judge heard yesterday has had financial difficulties for years, is to ask the Circuit Civil Court to consider giving the company protection against its creditors under examinership.

Judge Jacqueline Linnane was told that despite a sometimes shaky balancing of income against expenditure since 2010 the Lucan, Co Dublin, firm faced potential collapse.

Barrister Ross Gorman said an independent accountant’s report on the business indicated that under a scheme of examinership the company had a reasonable prospect of survival that would save the jobs of 16 employees.