IIS Partners Michael Kennedy and Diarmuid Lynam had a busy end to 2012, undertaking a number of liquidations across the country and in many different sectors. Both noted that whilst total insolvencies in the last 3 months of 2012 were down against the same period for 2011, the construction and retail sectors continued to fare badly.
In particular the retail sector has had some headline failures which spell bad news for the high st. IIS has predicted that retail insolvencies are set to rise for the first half of 2013 a business’s struggle to cope with the fall in retail spending after the Christmas period.
If you are in a position where you think you may be insolvent call IIS for a FREE CONSULTATION on 01 9696 500. Our expert insolvency practitioners would behappy to discuss your options and help formulate and plan the best way forward for you.