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Are premises locked when a company goes bust?

vector · 2009-10-30 18:40:34

I was passing yet another business that suddenly closed today (a centra/spar style of shop) As we all know businesses try and keep their difficulties secret, so when one does close its always a shock, i.e. "sure I was only in there yesterday and the place looked normal" Made me wonder, In Ireland when a company goes bust…

30-10-2009 6:40pm

#1

vector

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I was passing yet another business that suddenly closed today (a centra/spar style of shop)

As we all know businesses try and keep their difficulties secret, so when one does close its always a shock, i.e. "sure I was only in there yesterday and the place looked normal"

Made me wonder, In Ireland when a company goes bust what happens if a worker has left stuff in his desk drawer? If the debts are large enough does the Sheriff lock the doors and employ a security company.

I suppose it must be done, otherwise whats to stop an owner selling equiptment for cash on the black market, and depriving creditors even further.

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