Search Results for 'Insolvency'
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Legal rights group FLAC (Free Legal Advice Centres) say new provisions for independent oversight of personal insolvency arrangements are a welcome first step towards adjusting the imbalance between those who are in serious mortgage debt and their creditors.
New Beginning, a group who work on behalf of people struggling with unmanageable debt, is bringing its free, national seminar tour to Hotel Ballina on Wednesday at 7.30 pm.
On Wednesday afternoon The High Court appointed Simon Coyle of Mazars as the interim examiner to Staunton Sports (trading as Elverys). Elverys has its headquarters in Castlebar and has 55 stores across Ireland and employs 650 people. The appointment of the interim receiver came on foot of a petition by NAMA. There had been much speculation on the future of the company after news broke late last week of plans for the company to be placed into receivership, before being acquired by the company’s management with the backing of investors in a pre-pack receivership.
Castlebar Chamber of Commerce will host its second Business After Hours networking event in Breaffy House Resort on Thursday, October 10 at 6.30pm.
The Insolvency Service of Ireland “is a pivotal step” in tackling mortgage arrears and debt crisis, and, more locally, “will provide a way forward” for Galwegians struggling with over-indebtedness.
Mayo Deputy Dara Calleary has said the Government’s incoherence over new personal insolvency rules is creating great distress among Mayo families who are crippled by debt.
At Castlebar District Court this week it was heard that a section of land which is adjacent to the Royal Theatre, which is used by patrons to access the hotel, is in fact in private ownership and was never owned by Diorama Ltd—the director of which is Pat Jennings—which have been taken over by receivers. It was found that this piece of land is not therefore in control of the receivers.
Fianna Fáil area representative, Lisa Chambers, will hold a clinic at the Welcome Inn Hotel, Castlebar, tomorrow (Saturday, March 16), to deal with personal insolvency issues.
Retail Excellence Ireland has welcomed Minister Richard Bruton’s plan to allow small companies apply to the Circuit Court to restructure debts.
Licensing applications before Castlebar District Court in relation to the TF Royal Hotel and Theatre, which went into receivership in May, were adjourned by Judge Mary Devins pending a High Court Commercial Court decision.