BANKRUPTCY – PUNISHMENT FOR FAILURE?
Entrepreneurs know they must limit their exposure to risk but they also know there is no way to eliminate it entirely, writes senior counsel Ross Maguire in The Sunday Business Post.
Entrepreneurs know they must limit their exposure to risk but they also know there is no way to eliminate it entirely, writes senior counsel Ross Maguire in The Sunday Business Post.
The Companies Registration Office in Dublin have just announced proposed changes to their Voluntary Strike Off procedure, which are due to take effect from 1st May, reports Sean Kavanagh of CFI.
Ivan Yates’ former party Fine Gael is planning to unveil plans within the next few weeks to overhaul the country’s archaic bankruptcy laws in a bid to boost enterprise and job creation, The Sunday Tribune reports.
If any Machiavellian spin doctor had bad tidings to announce, this would have been the week to get them out there. The media preoccupation with the possible ramifications of the government’s four-year austerity measures and the likely impending bailout left little room for other business stories in the Sunday broadsheets.
The days of the €800 an hour insolvency practitioner working on realising some residual value from property assets could be numbered. A deal with a UK firm brokered last week could bring the Irish to heel, The Sunday Tribune reports.