Many businesses now face uncertainty as a result of COVID-19. Its rapid development has hit businesses hard, with many having to temporarily close as a result of Government directives.
Our extensive experience gives us a unique understanding of the challenges faced by businesses in all sectors during this time and we can help with exploring all of the options and solutions available. If you would like to discuss the impact of the pandemic on your business, contact a member of our Restructuring & Insolvency team.
Trading after Brexit: Challenges for Business Creditors
We hosted a webinar on January 26 looking at the challenges for business creditors after Brexit.
Construction Contracts & Insolvency - What are the Implications?
We hosted a webinar focusing on the impact that events of insolvency can have on construction contracts.
Re-opening Ireland - Restructuring Options for Irish Business
We hosted the second in our Re-opening Ireland Webinar Series looking at Restructuring Options for Irish Business on Wednesday 8 July. During this webinar, our speakers focused on restructuring options available to businesses adversely impacted by the COVID-19 crisis.
The Future of Hospitality
As hotels, pubs and restaurants look towards re-opening, our speakers addressed two of the key areas of focus for businesses during this challenging step in emerging from lockdown.
Re-Opening Ireland - Ensuring the Survival of Your Business
The period of lockdown continues to present uncertainty and challenges for most businesses. While the gradual re-opening of the country is welcome, it presents a new suite of issues for businesses as they consider how and when to re-open. On Wednesday 20 May, we hosted a webinar where we considered some of the key decisions which must now be made.
Pragmatic Legislation to Facilitate Insolvency Processes During COVID-19
The Irish parliament has passed temporary legislation to facilitate insolvency processes which will hopefully enable the survival of more businesses during the COVID-19 crisis.
Ireland's Examinership Landscape: An Investor's Perspective
Examinerships present clear prospects for distressed debt investors seeking opportunities arising from the coronavirus fallout. Investing in a company in examinership has its challenges, but these are far from insurmountable. In this article, we look at the strategies and obstacles investors should be cognisant of.
COVID-19 Fallout: Practical Legislative Measures Introduced to Assist Companies Act Compliance
Companies and co-ops are now enabled to hold general meetings by Zoom and similar technologies and to delay their AGMs to any date in 2020. We review the new law.
Creditors – Time to Re-open, Recover and Re-ignite Your Business
Most Irish businesses have been in a state of lockdown since mid-March following the imposition of public health restrictions. With the commencement of the lifting of these restrictions, we look at the scenario facing creditors and the steps they should take to reopen, recover and re-ignite their business.
Restructuring Viable Businesses in Ireland
Efficient consensual and court-based restructuring options are available in Irish law for companies undergoing financial stress. This article examines the benefits and drawbacks of three options for Irish businesses and international groups established in Ireland.
COVID-19 and its Consequences Continues to Impact Many Businesses
While normality is due to return for many businesses as we come out of lockdown, some will continue to be significantly affected, particularly those in certain sectors. Businesses that simply cannot return to normal may determine that the business is no longer viable but in many instances it may be feasible to look at some form of restructure, formal or informal. We review the options available to assist businesses.
COVID-19 – Welcome Comfort for Directors Trying to Rebuild their Businesses
The Office of the Director of Corporate Enforcement has provided guidance on its approach to directors of companies, made insolvent by COVID-19, who act in good faith on objective evidence in trying to rebuild their businesses.
Restructuring & Insolvency | Challenging Times Ahead for Directors in Hospitality
While the impact of lockdown restrictions over the last number of months may have short or long term implications on many businesses in the hospitality sector, there are a lot of options open to an otherwise good business facing cash-flow and financial issues. We explore some of these options and how directors can protect against difficult decisions.
Show Me the Money: COVID-19 and Cash Collections
Damage assessment, forward planning and speed of remedial action are required for the survival of a business during the COVID-19 crisis. We highlight some general cash management strategies as well as specific measures a business might take to endure the economic consequences.
Restructuring & Insolvency | Survival for Businesses Significantly Affected by COVID-19
Businesses that likely to be significantly affected by the COVID-19 crisis need to able to react quickly in order to ensure their survival. We look at the range of options available to companies under Irish law during this period of uncertainty.