Ms Jackie Lavin:

Examinership is a very costly process for a company, particularly a small company, to go through. One of the reasons for which Glencullen could not go to examinership was that we were told it would cost €100,000. On another property we went through examinership and I know exactly what the Senator is talking about. One has to get a forensic accountant to do the business plan, one has to have an investor and one has to pay approximately €12,000 for a junior and senior counsel to present it in the High Court. When one's business has been taken, one does not have access to that kind of money. Most companies do not, particularly if one has propped up one's company during the bad times, which we had done to the tune of €20 million of our own money. One has no money left to do examinership. This has to do with access to justice. There is no access to justice for people whose companies have been pulled. They do not have the money to access justice.