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Creditor winding up petitions to return in NI amid new legislation

Advisors at Baker Tilly Mooney Moore have said the legislation is likely to be followed by new guidance to permit creditors to lodge winding up petitions in the High Court

Creditor winding up petitions on companies in Northern Ireland could be reintroduced following new legislation, leading to creditors pursuing companies in financial distress, Baker Tilly Mooney Moore has warned.  

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