Henry McGinley Sons & LTD has received an extension to its examinership following a hearing at the Donegal Circuit court earlier this afternoon. McGinley Sons & LTD is one of the leading structural and roofing businesses in the North-West.Over the years the business has established a stellar reputation in the structural and roofing industry in Donegal. Judge Keenan Johnston praised the significant work carried out by the Sean Carr, Vision Accountancy, Examiner to the business since the short time of his appointment.It was revealed during the hearing that McGinley Sons & LTD are looking to launch two new innovative product lines.The innovative product lines are in fire grates and fire stoves plates, which the court heard are 100% more cost effective than standard fire-grates and stoves.It was also revealed the highly reputable company secured a number of high profile contracts in the last few days, and that they continue to trade as normal.Two pivotal former employees, who were forced to emigrated recently after having no alternative but to leave their families behind in search for work are returning to the business.The pair are expected to return home to their families before Christmas, and resume their jobs with Henry McGinley & Sons LTD thereafter.Mr Sean Carr of Vision Accountancy, regarded as Ireland’s leading turnaround expert, expressed every confidence in being able to save the jobs and the business to the benefit of all stakeholders to the Circuit Court.DONEGAL BUSINESS HAS EXAMINERSHIP EXTENDED FOLLOWING CIRCUIT COURT HEARING was last modified: October 16th, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:BusinesscourtsexaminershipHenry McGinleynews
Facebook Twitter: @NeosKosmos Instagram Councillor Steven Tsitas has been elected mayor of the city of Darebin for the second time in his political career. Voted into the top position at a council meeting last week at Preston City Hall, Cr Tsitas won five of the nine votes ahead of Cr Angela Villella and Cr Bo Li.“I will work tirelessly on your behalf and I will work hard to build a council team the people of Darebin can trust and be proud of,” he said during his acceptance speech. For his one-year term, the newly elected mayor listed economic management and financial sustainability as the top priorities on the council agenda, with a “particular focus on small and micro businesses”. Additional areas of importance included various infrastructure projects, city planning, traffic and transport, women’s sports and community relationships. Representing Rucker ward, his fellow ward councillor Oliver Walsh was voted in as deputy mayor with six votes to his name.Cr Tsitas also took the opportunity to thank Cr Gaetano Greco, from whom he will take over the reins.Currently in his fifth term as councillor, in 2011 he was the first Greek Australian to be appointed as mayor of Darebin City Council.