It is feared by a group of shareholders of Harland & Wolff that the shipyard business is being lined up for a "pre-pack" administration.
That would see the east Belfast based shipbuilder group enter into administration, and its trading assets would immediately be sold to a pre-determined buyer.
It should mean minimal disruption to its multisite operations on both sides of the Irish Sea, but existing shareholders would see the value of their investment wiped out.
The group with yards too in Scotland and England, said that while a review was under way, it would not comment on any "options or interested parties.".
Harland & Wolff also said it would be unable to finalise its 2023 accounts on a going concern basis and, therefore, work to complete its unpublished accounts had been suspended on the London Stock Exchange.
Management of the group will instead focus on the review process being led by the Rothschild Bank.
BBC News has more on the story.
