Is Examinership The Answer To The Impending Economic Downturn?

Posted in : Supplementary Articles ROI on 2 July 2020
Bláthnaid Evans
Issues covered: Redundancy and Restructuring; Coronavirus; Examinership Process

While a sense of normality has been restored as a result of a number of businesses returning to work, many others continue to be significantly affected by cash-flow and other financial issues which have arisen due to these unprecedented times. Although temporary cost-cutting measures such as pay reductions, short time working arrangements and bonus deferrals have provided welcomed short-term relief, unfortunately for industries such as tourism, hospitality and transport that have been directly impacted by safety controls introduced to reduce the spread of COVID-19, it is unlikely that these short-term measures will be sufficient to secure the future survival of the business.


Already a subscriber?

Click here to login and access the full article.

Don't miss out, register today!

Are you fully aware of the benefits of Legal-Island's Irish Employment Law Hub? We help thousands of people like you understand how the latest changes in Irish employment law impact your business through a mix of case law analysis and in-depth articles. All delivered right to your inbox.

We help you to understand the ramifications of each important case from Ireland and Europe.

We help you ensure that your organisation's policies and procedures are fully compliant with Irish law.

You will receive regular updates on Irish employment law including case law reviews, legislative changes, topical updates as well as answers to your burning questions through our Q&A feature.

You will have 24/7 access to the Employment Law Hub so you can research case law and HR issues when you need to.

Already a subscriber, now or Register

This article is correct at 02/07/2020

The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.

Bláthnaid Evans

The main content of this article was provided by Bláthnaid Evans. Contact telephone number is +353 632 3113 or email

View all articles by Bláthnaid Evans