Examinership
/ɪɡˈzæmɪnərʃɪp/
Definitions
- (n.) A legal process under which an insolvent company is placed under court-appointed protection to facilitate restructuring and avoid liquidation.
The company entered examinership to negotiate with creditors and continue operations.
Forms
- examinership
- examinerships
Related terms
See also
Commentary
Examinership is chiefly used in Irish law and is analogous to administration in other jurisdictions; precise procedural rules vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.