The High Court last Friday, April 19 confirmed the appointment of Neil Hughes of Hughes Blake as Examiner to Bruscar Bhearna Teoranta, trading as Barna Waste and Joe McLoughlin Waste Disposal Ltd.
The confirmation of the examiner gives the company protection of the courts for up to 100 days. The process provides the company the opportunity to restructure and build out a plan which will ensure its future sustainability. The focus of the examiner will be on securing the livelihoods of the company’s 270 employees and their families as well as ensuring the best possible return to creditors. The Directors have successfully demonstrated to the Courts that the company is in a position to trade as usual throughout this process. Customers are advised to take no action as a result of Friday’s announcement as services will continue as normal for the 30,000 customers and for their employees.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.