Business failure
So you have come to the end of your business. It can be a very stressful time. We understand, and we’re here to help.
Business failure services
Navigating business failure
You will need to navigate the closure of your business as professionally and as cleanly as possible so you can rebuild your life and hopefully begin another business in the future.
You will need specific advice about whether you can avail of the Examinership process to see whether your business can be saved.
Are you under threat from Banks who have foreclosed and appointed a Receiver? We can help with the fight back.
Finally, if the end is near then we can liquidate your business having the specialist skills to do so.
Company restructuring
If your company experiences difficulty in meeting its liabilities, then you as a Director should seek legal advice in order to manage your current financial difficulties. This could help to avoid legal problems with the company creditors.
Healy O’Connor Solicitors LLP Corporate Recovery provide legal advice on the drafting and sanctioning of schemes of arrangement that will allow us to put an arrangement to re-organise the proportion of the total debt owed to the Companies creditors. We have successfully completed schemes in various sectors and contexts, and we have advised on complex issues that can arise as regards classes of creditors in the context of a scheme of arrangement.
We will guide you through the court process to assist you and your creditors to enter into a re-structuring agreement to reduce the amount that you owe them, and the time period over which you will pay them. We will deal directly with your creditors on your behalf to negotiate on freezing interest and charges whenever possible.
