Debenhams dispute: Time running out as KPMG may quit process

Ex-Debenhams workers held a small rally outisde the Patrick Street, Cork. File picture: Andy Gibson

Money and time are running out fast in the Debenhams dispute as KPMG has indicated that it may walk away from the liquidation process by December 23, it is understood.

If the company's remaining assets are not sold off, or the sale is seriously delayed, the workers and all creditors — including the State — stand to lose money.