Reforms to corporate restructure rules essential for economic recovery.
Recent information has shown the levels of insolvencies in 2020 are similar to those of 2019. This may come as a surprise to many, but it is clear that many businesses have been hanging on by a thread, with the help of Covid-19 wages subsidy and other publicly funded supports. Ireland is looking at a situation now, where is can expect the onset of a wave of distressed businesses as we look into 2021. We need a robust, fit-for-purpose and inexpensive process as these cases com
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