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Tag: Insolvency

43 news articles found
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Article and Insights

Collective Redundancies on Insolvency: Irish Employee Rights Bolstered

New legislation seeks to further protect employees' rights in a collective redundancy situation f...

Ben Conway
Senior Associate
Ben Conway
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Article and Insights

Additional Rights to Information for Employees of Insolvent Companies

New legislation seeks to further strengthen employees' right to information in the liquidation pr...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Changes to the Realisation of Assets of Companies in Liquidation

Changes to Companies Act introduced under new legislation on the realisation of assets of compani...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Borrower’s Undertaking Creates Equitable Assignment of Investment Proceeds

An application recently came before the High Court to decide whether NALM, or the trustees in ban...

Jason Hollis
Partner
Jason Hollis
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Article and Insights

William Fry Insolvency Review Part 1

The William Fry Insolvency Review 2017, which will be issued in two parts, discusses some of the ...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

What Does SCARP Mean For Landlords?

We consider the provision for terminating leases in the government's proposed summary rescue proc...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

The Companies (Corporate Enforcement Authority) Act 2021: Insolvency-Related Amendments

In this note, we review the insolvency-related amendments to the Companies Act 2014, introduced u...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

The Aircraft Industry – The COVID-19 Squeeze

As the aviation industry struggles in these challenging times, Irish commercial aircraft leasing ...

Lyn Brennan
Partner
Lyn Brennan
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Article and Insights

Summary of the Measures Available to Support Businesses during COVID-19

There have been a number of measures introduced by the Irish government and state bodies to suppo...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

No looking behind the Curtain – The Court of Appeal has confirmed that the Land Registry is conclusive evidence of title in repossession cases

In Tanager Designated Activity Company v Rolf Kane and Others IECA 352, the Court of Appeal has ...

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Article and Insights

New Court Rules to Facilitate Operation of SCARP

New rules of court to facilitate the operation of the rescue process for small and micro companie...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Money, it’s a gas

In this article we provide a round-up of cases in the last year dealing with the important issue ...

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Article and Insights

Liquidator’s Actions Amounted to Negligence

High Court refuses liquidator's application and holds liquidator personally liable for costs as h...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Law in Motion Podcast Discusses the Irish Restructuring Toolkit with William Fry

Listen to Ruairi Rynn (Corporate Restructuring & Insolvency Partner) as he joins the Debtwire Eur...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Judgment Mortgages: Can you Sever a Joint Tenancy?

This article discusses the recent High Court case examining the effect of the registration of a j...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

High Court Holds Provisional Liquidator Personally Liable for the Costs of the Official Liquidator and Revenue

High Court orders provisional liquidator to pay the costs of the official liquidator and Revenue,...

Fergus Doorly
Partner
Fergus Doorly
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Article and Insights

Government Publishes Scheme for Dedicated Restructuring Framework for Small Companies

The Department of Enterprise, Trade and Employment has published the outline of proposed legislat...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Further Extension of Interim Period Under Companies Act

The government has approved the further extension of the interim period of the Companies (Miscell...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

COVID-19: Encouraging Remote Mediation as an Alternative to Litigation

Remote mediation ensures that disputes can still be resolved despite fewer court sittings.

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Court of Appeal Reduces Liquidator’s Fees in Respect of Six-year Liquidation which were Deemed “Neither Reasonable nor Necessary”

Earlier this year the Court of Appeal reduced a bill of €1.8 million in respect of the fees of a ...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Corporate Restructuring & Insolvency – Guidance for Directors During COVID-19 and Beyond

We consider the duties which directors of Irish companies need to be particularly conscious of gi...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

A New Look at the Landlord and Tenant Relationship

Video: New Look Retailers (Ireland) Limited's application to appoint an Examiner is refused due t...

Fergus Doorly
Partner
Fergus Doorly
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Article and Insights

High Court Case Brings into Sharp Focus the Difference Between Disqualification and Restriction Orders

High Court exercises discretion in choosing to grant restriction order in respect of company dire...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Commission Confirms Ireland’s Participation in Regulation Amending EIR Recast Annexes

The European Commission has adopted a Decision confirming Ireland's recognition of new insolvency...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Legal News – October 2022

Welcome to the October 2022 edition of Legal News, a selection of our recent publications on subj...

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Article and Insights

SCARP Act Commenced

Companies (Rescue Process for Small and Micro Companies) Act 2021 has been commenced.

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

High Court Refuses Winding Up Petition against Company for Unpaid Rent

The High Court recently refused a winding up petition brought against a company by its landlord f...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

The Examinership of Norwegian Air – Key Features

Following the conclusion of the Norwegian Air examinership on 26 May we, having advised Kieran Wa...

Ruairi Rynn
Partner
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Article and Insights

Proving the Debt – Hearsay Rule Still Applies in Debt Claims

In this article we discuss a recent case that highlights the evidential difficulties for lenders ...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

COVID-19: Company Law Changes

The temporary changes would allow electronic shareholder/creditor meetings and an extended period...

Mark Talbot
Partner
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Article and Insights

ODCE Issues Guidance for Directors Affected by COVID-19 Pandemic

The ODCE has issued welcome guidance for directors concerned about restriction proceedings due to...

Ruairi Rynn
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Article and Insights

COVID-19: Temporary Wage Subsidy Scheme – Insolvency Considerations

There have been some recent welcome clarifications about certain provisions of the Government's t...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

Legal News – November 2020

We aim to keep you up to date on legal developments that may affect you or your business. Here ar...

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Spring Pensions Briefing

In our Spring Pensions Briefing, our team consider the likely implications of the McCloud and Bau...

Ian Devlin
Partner
Ian Devlin
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EU Court to Consider if an Irish Pension can be Exempted from a UK Bankruptcy Estate

A dispute regarding a €6 million Irish pension scheme in a personal bankruptcy was referred to th...

Ruairi Rynn
Partner
Ruairi Rynn
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Publication of New Capital Markets Union Action Plan

The European Commission's recent publication of its “new, ambitious” Capital Markets Union Action...

John Larkin
Consultant
John Larkin
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Legal News – July

We aim to keep you up to date on legal developments that may affect you or your business. Here ar...

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Landmark Scheme of Arrangement to Restructure US$1.65bn of Senior Debt Sanctioned by the Irish High Court

William Fry recently advised Ballantyne Re plc, an Irish reinsurance SPV, on the approval and imp...

Ruairi Rynn
Partner
Ruairi Rynn
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Justice delayed, lis pendens denied

Irish High Court vacates a lis pendens on application by receiver due to delay on the part of the...

Ruairi Rynn
Partner
Ruairi Rynn
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High Court Considers what an Interim Examiner may do before his Appointment is Confirmed

A recent decision of the High Court has provided guidance on what an Interim Examiner can do befo...

Ruairi Rynn
Partner
Ruairi Rynn
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No Requirement to Issue New Demand Letter Following Transfer of Loan

Earlier this year the High Court held that there was no requirement for a new demand letter to be...

Ruairi Rynn
Partner
Ruairi Rynn
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High Court Holds Liquidator Not Obliged to Present Contemporaneous Timesheets in Fees Application

High Court rules Official Liquidator does not need to produce time sheets in relation to work don...

Ruairi Rynn
Partner
Ruairi Rynn
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Article and Insights

William Fry Insolvency Review 2017

The William Fry Insolvency Review 2017, which will be issued in two parts, discusses some of the ...

Ruairi Rynn
Partner
Ruairi Rynn