Welcome to the Autumn 2013 edition of our e-zine update on Insolvency and Corporate Recovery.
In this edition we focus on a number of recent decisions of the Irish High Court, including decisions on COMI (both corporate and personal); a decision which looks at the potential difficulties which employees may face when a corporate employer ceases trading without being officially wound-up; and a decision highlighting the potential consequences of failing to properly conduct a creditors’ meeting. We examine the Foley’s/O’Reilly’s bar saga which resulted in the appointment over a nine month period of receivers, interim examiners, examiners and liquidators to the companies involved. We also report on a recent increase in interlocutory applications being brought by receivers seeking to obtain vacant possession of receivership properties.
We hope you find this e-zine informative. If you require any further information please contact me or any member of the Insolvency and Corporate Recovery Group.
Michael Quinn
Partner
To view articles from our Autumn Insolvency Update please click on the links below:
- High Court Decision on Relevant Date for Determining COMI
- Update on the Personal Insolvency Act 2012
- Injunctions Restraining Interference with Receiver’s Powers
- Retrospective Leave for Commencement of Proceedings Against a Company in Liquidation
- High Court has Jurisdiction to Wind-Up Company Incorporated Outside the EU
- The Foley’s Bar Saga
- Liquidator Substituted After Chairman Found to Have Misconducted Creditors’ Meeting
- Claim that Company Can Survive as Going Concern Not a Defence to Winding-Up Petition
- Position of Residential Tenants on Appointment of Receiver to Rented Accommodation
- Difficulties in Accessing Employer’s Insolvency Fund in the Case of Informal Insolvency
- In Short: EU Consultation on New European Approach to Business Insolvency