In this issue
SFA Annual Subscription
Absenteeism Due to Inclement Weather Conditions
Entrepreneurship Forum Report Published
EU Access to Finance Day – Conference Material
Inability to Pay Redundancy Payment
New Completion Date for Migration to SEPA Announced
Examinership ‘Lite’ – A positive option for insolvent SME Companies
Change to Rates Legislation
New DSP Provisions to ease Transition into Retirement
Eye Tests – How often are Employers Obliged to Pay for them?
Events
SFA Webinar Series – Redundancy and Alternatives
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DSP Employer Briefings on Access to Financial Support
The Minister for Social Protection, Joan Burton, TD, will be hosting a series of employer briefings at a number of locations around the country between...
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Building Financial Capabilities in SMEs Programme
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Taking Care of Business
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Examinership ‘Lite’ – A positive option for insolvent SME Companies
 

The new Examinership legislation, sometimes referred to as Examinership ‘Lite’ to reflect its lower associated costs and its SME focus, was signed into law on 24th December 2013, under the title of the ‘Companies (Miscellaneous Provisions) Act, 2013’. Examinership is a highly effective corporate restructuring tool, but to date SME Companies have struggled to avail of the process, possibly because of the onerous initial High Court legal costs.  The welcome arrival of SME friendly Examinership legislation is a ‘game changer’ in that regard.  

It is hoped that the new legislation will finally open up Examinership as a viable restructuring solution to smaller companies, where liquidation or receivership would otherwise be inevitable.
For more info please click here.