Data for Sale: Can Insolvent Companies Realise the Value of Corporate Data?
Spirit Airlines' proposed US$10m data sale asks whether business data can be realised for creditors while remaining compliant.
Ruairi is a Partner in William Fry’s Litigation & Investigations Department and Restructuring & Insolvency Group.
Ruairi specialises in advising on restructurings (insolvent and solvent), insolvency matters (contentious and non-contentious), special situations and commercial litigation.
Ruairi regularly advises the various stakeholders in restructuring and insolvency matters and special situations including debtors, insolvency practitioners (e.g. receivers, liquidators, examiners), creditors, ad hoc committees, formal committees, directors, shareholders, investors and other stakeholders.
He also frequently advises clients on large scale transactions and solvent reorganisations that are implemented with the sanction of the Irish High Court including schemes of arrangement, takeover schemes, cross-border mergers and conversions and insurance portfolio transfers.
As part of his litigation practice acts for parties in complex commercial litigation and contentious insolvency matters.
Recent significant work includes advising:
Ruairi lectures on the Law Society of Ireland’s professional training courses, is a member of the International Insolvency Institute, INSOL Europe and the Law Reform Sub-Committee of Restructuring and Insolvency Ireland. Ruairi was a member of the Insolvency Sub-Committee of the statutory Company Law Review Group and contributed to reports resulting in the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 and proposals for the small company administrative rescue scheme (or SCARP).
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Spirit Airlines' proposed US$10m data sale asks whether business data can be realised for creditors while remaining compliant.
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New Central Bank Winding-Up Powers Strengthen the Oversight of Irish (Re)Insurers
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High Court clarifies when aviation-related assets can satisfy Ireland's "practical benefit" test for judgment enforcement.
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A guide to how international companies can use Ireland’s Examinership process to achieve complex cross-border restructurings.
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The new EU Insolvency Harmonisation Directive introduces baseline insolvency standards across Member States in five key areas
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The Irish High Court confirms that arbitration clauses do not block winding-up petitions absent a genuine dispute on the debt.
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The English High Court has ruled that liquidators cannot contractually limit their liability for statutory duties under the Insolvency Act.
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The Irish High Court recently granted an anti-suit injunction to Joint Liquidators of companies in Irish winding-up proceedings.
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This facilitated the company's exit from examinership and the retention of the majority of the jobs within the business.
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William Fry represented Argentina in successfully resisting the enforcement of the largest claim ever sought to be enforced by the Irish courts