1,406 reasons to change course

Michael Burke 04/01/2010

Michael Burke: The number of corporate insolvencies in Ireland has soared to 1,406 in 2009, according to InsovencyJournal.ie. This exceeds the level of insolvencies in 2007 and 2008 combined, which totalled 1,136, with an increase of 82% on 2008 alone. The highest number of monthly insolvencies was in December, at 156, indicating that the decline …