Previous articleCalls for a referendum on judges’ salariesNext articleFormer Magdalene laundry inspires art students admin Facebook Advertisement WhatsApp Twitter Email Print WITH a Limerick based outlet, Arramount Woodcraft (Holdings) Limited and its fully owned trading subsidiaries trading as Arramount Furniture confirmed that it has sought the appointment of an Interim Examiner, Mr Kieran Wallace of KPMG to allow the Company sufficient time to negotiate with potential investors and to complete appropriate arrangements with creditors with the objective of putting in place long term arrangements to secure its future.Sign up for the weekly Limerick Post newsletter Sign Up Arramount Furniture was established in 1995 and is one of Ireland’s leading furniture stores. Arramount Furniture currently operates seven different stores nationwide in Dublin, Limerick, Cork, Newbridge, Tullamore, Athlone and Mullingar. All stores will continue to trade as normal throughout this period. The company’s current difficulties stem from the current economic downturn and reduced consumer demand. Management would like to confirm that all orders where deposits have been taken will be delivered and customers who place deposits during Examinership will receive their ordered furniture.Lane Bros Ltd trading as Arramount Furniture Tralee, which is a franchisee of Arramount Woodcraft (Holdings) Ltd, will not be affected by the Examinership and will continue to trade as normal.Arramount Furniture will continue to trade as normal throughout the period. The company is confident that the process of Examinership will enable a solution to be found that will ensure it is set up to continue trading successfully and profitably in the future. The process of Examinership in Ireland provides a standstill period of time whereby creditors cannot pursue claims against the Company. The company has sought this protection to allow it to put in place new refinancing arrangements for creditors and bankers.Arramount Furniture is the trading name of Woodcraft (Holdings) Limited and its subsidiariesArramount Woodcraft (Limerick) LimitedArramount Woodcraft (Cork) LimitedArramount Woodcraft (Dublin) LimitedArramount Woodcraft (Mullingar) LimitedArramount Woodcraft (Newbridge) LimitedArramount Athlone LimitedArramount Distribution Limited Linkedin NewsLocal NewsArramount Furniture confirm appointment of interim examinerBy admin – June 24, 2009 994
Based on the said bulletin, Kanlaonexhibited a general decline of monitoring parameters to normal/baseline valuessince June 2019, indicating a return to normalcy. The monitoring parameters includevolcanic earthquake activity, ground deformation, gas emission, and visualobservation of the summit. The Phivolcs-Department of Science andTechnology (DOST) released the last Kanlaon Volcano Bulletin on Oct. 25, 2019when it issued a notice for the lowering of the volcano’s alert status fromAlert Level 1 (abnormal) to Alert Level 0 (normal). “It’s still on Alert Level 0. Althoughvolcanic earthquakes are still being recorded, there are no significant changesin other monitoring parameters,” Quintia said. Phivolcs-DOST reminded the public toavoid entry into the four-kilometer radius permanent danger zone due toperennial hazards of rockfalls, avalanches, sudden outgassing, and steam-drivenor phreatic eruption at the summit area. The information was relayed byZeaphard Caelian, head of the Negros Occidental Provincial Disaster ManagementProgram Division, based on a message he received from Andelene Quintia ofPhivolcs-Kanlaon Observation Station in La Carlota City on Wednesday. “This means that observationalparameters have returned to baseline levels and no magmatic eruption isforeseen in the immediate future. However, in the event of a renewed increasein any one or combination of the monitoring parameters, the alert status maystep up once again to Alert Level 1,” it added. BACOLOD City – The alert status of Mt.Kanlaon in Negros Island, one of the active volcanoes in the country, remainsnormal despite reported volcanic quakes, the Philippine Institute ofVolcanology and Seismology (Phivolcs) said. It said it is “closely monitoringKanlaon’s condition and any new development will be immediately communicated toall concerned.”(With a report from PNA/PN) A photo of Mt. Kanlaon was taken in La Castellana, Negros Occidental last year. The active volcano remains on Alert Level 0 or “normal status,” according to the Philippine Institute of Volcanology and Seismology on Jan. 15. ERWIN P. NICAVERA Misleading reports about the activityof Mt. Kanlaon have been circulating on social media after the eruption of TaalVolcano in Batangas.