Examiner for Eircom as judge laments its rising debt

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The High Court yesterday gave the green light to the appointment of an interim examiner at Eircom and associated companies to seek to implement a consensual restructuring of its €4.1 billion gross debts.
Mr Justice Peter Kelly yesterday afforded the protection of the court to Eircom, its mobile arm Meteor and its treasury division Irish Telecommunications Investments Ltd for the period of the interim examinership.
(Source: The Irish Times. Read more....)

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