FCR Media Ltd exits examinership after High Court approval

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Mr Justice Robert Haughton approved an examinership scheme for FCR Media Ltd and related company FCR Tech UAB in the High Court on 9 November 2017. The scheme allowed the Golden Pages publisher to exit examinership and continue trading as a going concern.

The scheme secured 73 jobs from an original workforce of 103. The publisher had decided to cease the print version and focus on its online business, and some printing staff had been made redundant.

FCR Media Ltd and FCR Tech UAB had sought court protection after the FCR media group withdrew its interests in the Irish market and the companies could no longer pay debts as they fell due.