#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 8°C Sunday 29 November 2020
Advertisement

Interim examiner appointed to movie chain Xtravision

Movie and game rental company with 1,300 employees told court it needs protection from creditors over debt payment issues.

Image: Dominic Hargreaves via Creative Commons

THE HIGH COURT HAS appointed an interim examiner to the movie rental chain Xtravision.

The company had sought court protection from its creditors due to its difficulty in paying its debts, Movies.ie reports.

David Hughss of Ernest and Young was appointed the company’s examiner after an independent accountant’s report found it had a reasonable prospect  of survival.

RTÉ reports that the independent review also found that the majority of the company’s 180 stores across Ireland and Northern Ireland are profitable.

The issue will be brought before the court again for a full hearing next month.

#Open journalism No news is bad news Support The Journal

Your contributions will help us continue to deliver the stories that are important to you

Support us now

Read next:

COMMENTS (25)