A huge crowd turned out to support Danny Lafferty and help save 40 jobs in Creeslough
A bank is being urged to work with a struggling business in a bid to secure 40 jobs and save a local village.
Lafferty Enterprises was given 100 days to get its affairs into order and to show it can trade profitably.
An Examiner was appointed to two companies in Creeslough and judgement on its future is to be passed down this Thursday.
Following significant work over the last number of months, proposals for Scheme of Arrangement for creditors has been prepared for Lafferty’s Supermarket, the world renowned Corncutters Rest and Lafferty Service Station in Creeslough
Danny Lafferty, who runs the family business, has revealed he is retiring from the business this Friday but hopes to be able to pass the business on to his two sons.
He thanked the AIB, the Revenue Commissioners, Dongeal County Council and all the suppliers who have been very supportive over the last of number of months.
“I will be retiring on Friday after 43 years in business, I will be either handing the keys over to the next generation or a receiver.
“The survival of the companies are are much dependent on the support of the state bodies and I hope they back the scheme otherwise it will be the State that will end up losing the most through redundancies, loss of revenue and the significant knock effect that it will have on other local business.
“Jobs are very difficult to come by and even worse in Donegal, and if the scheme does not get it through other business in the village will probably have to close as well”.
The Save Our Village committee say they have been humbled to have received message of support Paul McGinley, Ryder Cup Captain, whose father is from Creeslough and other well known GAA figures for Donegal and Ireland.
Mr Lafferty would also like to thank the over 1,000 people that attended a local meeting and the messages of support that he has received from all over the world.
The SOV (Save Our Village) Committee wish to thank in particular Mr Sean Carr of Vision Accountancy for his all help and guidance over the last number of months.