Examiner appointed to Xtra-vision
Xtra-vision will continue to operate as normal after an interim examiner was appointed to the company, a court has heard.
The retail chain, which employs 1,300 people, sought protection from its creditors at the High Court in Dublin on Friday.
It said it was unable to pay its debts due to cash flow difficulties.
There are 181 Xtra-vision outlets across Ireland. About 45 of them are in Northern Ireland.
The court heard that an independent accountant's report had shown that the company had a reasonable prospect of survival and that the majority of its stores were profitable.
A full hearing is expected to take place next month.