BusinessAugust 23, 2026
examinership
eg-ZAM-in-er-ship
Definition
A legal process in Ireland that allows a distressed company to seek court protection from its creditors to restructure and attempt to survive.
Etymology
Derived from the word 'examine,' which comes from the Latin 'examinare' (to weigh or test). The suffix '-ship' denotes the state, condition, or office associated with the legal process of being examined by the courts.
In the news
The article mentions examinership as one of the legal routes available to failing retail businesses, noting that such insolvency processes have increased significantly in the current market.
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