The examiner appointed to troubled garden furniture retailer Rathwood has warned 7,000 customers, who are owed money by the company, that they are likely to receive only a “small” amount of what they are owed.<\/p>\n
The Competition and Consumer Protection Commission has separately advised people who are affected to “take action immediately” and “request a chargeback from their bank or card provider if they have not already done so”.<\/p>\n
A chargeback is process where a customer asks a bank or credit card company to reverse a transaction.<\/p>\n
The CCPC has also told consumers to register a claim against Rathwood.<\/p>\n
In April, Rathwood said it was appointing an examiner in an effort to secure the company’s financial future.<\/p>\n
The examiner, Padraic Bermingham of Strata Financial, wrote to customers and said: “I expect that only a nominal return will be made to customers with claims in respect of unfulfilled orders and\/or unpaid refund requests.”<\/p>\n
He also asked customers to told customers to fill out an online customer confirmation form by Friday 12 June.<\/p>\n
They have been asked to give the examiner details of their order and whether they have received a refund.<\/p>\n
Examinership is a process which gives a company protection from creditors while it seeks investment.<\/p>\n
Rathwood is based outside Tullow near the Carlow-Wicklow border and employs 100 people.<\/p>\n","protected":false},"excerpt":{"rendered":"The examiner appointed to troubled garden furniture retailer Rathwood has warned 7,000 customers, who are owed money by…\n","protected":false},"author":2,"featured_media":490179,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-490178","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/490178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=490178"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/490178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/490179"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=490178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=490178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=490178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}