Between them, these companies owed their Creditors €93.9m (71% to Short Term Creditors and the remainder to Long Term Creditors).

April was the worst month in 2011 for Companies holding Meetings of Creditors and continues the upward trend we've seen consistently throughout this year.

MOCs are increasing month by month in 2011. 498 meetings have been held in the first four months of this year, an increase of 11% on the same period in 2010.

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Court Ordered Judgments

The Irish Courts issued 499 Registered Judgments this April.

That number is up 19% on the figure for April 2010 however, the total value of Judgments awarded in April '11 was €25m (down 60% on the April '10 total).

Over 80% (€20.4m) were awarded against Consumers with the remainder being made up of Corporate Judgments.