At least 13 jobs associated with Co Kildare-based Trifik Industrial Services Ltd have been saved, the High Court was told yesterday.
Mr Justice Gerard Hogan heard that Neil Hughes, of Hughes Blake financial consultants, had negotiated a deal with creditors at Trifik Industrial Services Ltd, of Abbeybridge, Naas, Co Kildare, which had been threatened with closure.
Barrister John Kennedy said the firm had been in a position several months ago where it had been unable to pay its debts, but because of an examinership scheme by Mr Hughes it was now facing a brighter future.
The company mainly hires, sells and maintains forklifts and trucks for the food industry.