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The Bill represents a radical overhaul and modernisation of personal insolvency law in Ireland and introduces a comprehensive and tiered regime aimed at addressing personal insolvency in new ways. This briefing explored how, on a practical level, the Bill would operate if it becomes law and addressed:

  • The three new concepts of Debt Relief Certificates, Debt Settlement Arrangements and Personal Insolvency Arrangements
  • The operation of protective certificates
  • The impact on security
  • The grounds for challenging proposals
  • The likely judicial attitude to certain key concepts
  • The changes to bankruptcy
  • The likely challenges and opportunities for creditors and debtors

Personal Insolvency Bill Briefing
Pictured l-r: Declan Murphy BL; Declan Black, Head of Litigation, Mason Hayes & Curran;
Emer Gilvarry, Managing Partner, Mason Hayes & Curran; and
Maurice Phelan, Partner, Mason Hayes & Curran

Our speakers included:

Emer GilvarryDeclan BlackMaurice Phelan
Speaking at the briefing were (l-r): Emer Gilvarry, Declan Black and Maurice Phelan

Declan Black's overview of the Personal Insolvency Bill is available here.

To read Dearbhail McDonald's coverage of our Personal Insolvency Bill briefing in the Irish Independent, please click here.

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