If NAS were to become subject to insolvency proceedings (assumed to be examinership
rather than liquidation), Fitch believes that so long as NAS desires to continue to fly the aircraft it is probable that the certificates will remain current.
Rovers were in examinership
in 2005, Dundalk have been on death's door a number of times while Cork disappeared into the abyss during the Tom Coughlan era.
Courts received examinership
applications from only four companies seeking to have their debt restructured, Karotsakis said according to the CNA.
Petroceltic International Plc (Petroceltic or the Company) the international Oil and Gas exploration development and production company, provides an update on the status of the petition for examinership
of Petroceltic and two wholly owned subsidiary companies (the Petition) presented to the High Court of Ireland (Court) on 4 March 2016.
Cope, who joined Ladbrokes from Gala Coral in 2012, had headed the review of Ladbrokes' Irish division which was subsequently placed under examinership
with plans for the business on hold until that process is completed.
Earlier this week the firm put its Irish business, which runs 196 shops and employs 840 staff, into examinership
allowing it to restructure the loss-making business.
The parallel set of regulations on insolvencies seems to be proceeding, at last, with the regulations determining examinership
now concluded, while the final thorny issue of third party loan guarantors still pending.
Eircom entered examinership
in March 2012 with EUR4.
ACCbank opposed the examinership
application which would have protected the company for 100 days.
Aer Arann applied for Examinership
in 2010, a process in Irish law which works similarly to bankruptcy protection, allowing an Examiner to be appointed to evaluate the companyOs viability, and to develop a long-term survival plan where appropriate (see online news September 8, 2010).
The airline chief executive officer, Graham Doyle, said, 'We have been aware of Aer Arann's difficulties since before their examinership
in 2010 and continued to work with them through these challenges.
Fastnet Line which operates the ferry for the West Cork Tourism Co-Operative, a joint Welsh-Irish initiative which owns the ferry service, has been placed in examinership
- an Irish form of bankruptcy protection.