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Thursday 14 December 2017

Insolvency still falling

LIQUIDity

Corporate insolvencies continue to remain below the levels seen in 2014, according to new figures from business and credit risk analyst Vision-net.ie.

The figures show 87 insolvencies have been recorded in the year to February 10, down 33pc on the same period last year.

The list includes IBRC mortgage bank and financial company Seedcorn Management Holdings. Two-thirds (57) of the insolvent companies had a liquidator appointed.

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