Corporate failure rate down on 2020, but ‘true economic impact’ of crisis not yet clear
David Van Dessel
Uptick registered as lockdown restrictions ease and additional parts of economy reopen
‘Activity likely to be influenced by ... measures introduced to support firms during pandemic’
Interview: Insolvency expert expects clarity by September on surviving businesses
Leading insolvency practitioner argues against excluding some creditors from the process
Government supports likely concealing true levels of distress says Deloitte
Pandemic supports from government and creditor forbearance limit growth to 1%
Majority of activity concentrated in Leinster with companies in the 5-20 year old bracket dominating
A total of 195 companies entered insolvency during the first quarter, new figures show
Judge said quite clear others in company had planned ‘swoop on the assets’
Court-appointed liquidations rise to 63 from 18 in the previous year
Deloitte says insolvencies down 13%, with majority taking place in service sector
Services sector recorded highest increase of 65%, while retail posted 38% decrease
Hospital equipment supplier’s main creditor is Revenue, which issued €3m assessment
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