An EU directive aimed at harmonizing Member State restructuring and insolvency laws (the "Directive") was published in the Official Journal on June 26, 2019 and entered into force on July 16, 2019.
High Court considers the meaning of when a company is insolvent for the purposes of an examinership and exercises its discretion against the appointment of an examiner on the basis of a lack of engagement with landlords.
The Irish High Court has approved a scheme of arrangement in respect of Nordic Aviation Capital, the world's largest regional aircraft leasing company.
Beale & Co
Our regular round up of the cases of most interest to construction comes from Andrew Croft and Ben Spannuth of Beale & Company Solicitors LLP, focusing on one that highlights
Beale & Co
Adjudication by insolvent parties is an issue that has greatly occupied the Courts of late. Much consideration has been given to the arguable conflict between set-off under the Insolvency Rules...
On 21 July 2020, the Irish High Court (Commercial Court) approved a Scheme of Arrangement (the "Scheme") for Irish based aircraft lessor, Nordic Aviation Capital DAC and its subsidiaries ("Nordic")...
In this Practical Law Guide, Andrew Quinn, William Fogarty and Lynn Cramer of our Tax team in Dublin, give an overview of corporate tax transactions in Ireland
Ronan Daly Jermyn
The key thing to remember in appointing a Receiver is to ensure that the Deed of Appointment reflects the language contained in the Debenture providing for the appointment. Unfortunately, a significant amount of time...
In February 2016 ACC Loan Management Limited (ACC) appointed the plaintiff as receiver over two properties belonging to the first and second named defendants.
Irish court-sanctioned $1.65bn cross border restructuring recognised by US Bankruptcy Court.
The Legal 500 and The In-House Lawyer have published their Comparative Legal Guide for Ireland on Restructuring and Insolvency.
Generally there has been a decrease in the number of corporate insolvencies in Ireland over the last five years, which is in contrast to the period from 2008 to 2013,
Insolvency and restructuring proceedings in Ireland are primarily governed ...
It has become a frequent feature for Irish companies seeking court protection through examinership to provide a written undertaking at the petition stage that it will discharge in full post-petition taxes ...
Can we learn sufficient lessons from Carillion to avoid construction related insolvency closer to home?
Irish corporate law and, in particular, restructuring and insolvency law, is both creditor-friendly and flexible, featuring processes that facilitate rescue and restructuring of corporate groups with complex structures.
With just over 400 days until the UK is set to leave the EU, Irish law-makers, government, leading members of the judiciary, and practitioners have been assessing Ireland's readiness as a forum...
Ronan Daly Jermyn
Ms. Justice Marie Baker has found in her recent judgment In the Matter of Niamh Meeley & Ors that debtors also have a voice in applications brought on their behalf by a Personal Insolvency Practitioner...
Mason Hayes & Curran
A key feature of 2017 was a deepening recognition and response by the courts to the problems associated with organised lay litigant groups and lay advisors seeking to obstruct and...
Ireland is a sovereign state in Europe and a member of the European Union since 1973.