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 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.

We will act in a manner to give your creditors peace of mind that you will repay them in a manner that you can afford. We will re-negotiate on your behalf if, and for any reason all your creditors do not accept the agreed amount, we will then discuss other options that may be available to you.

If you are currently experiencing financial difficulties in paying creditors or find yourself submitting revenue returns past their deadline or without payment, then you should contact the Healy O’Connor Corporate Recovery to discuss re-structuring your business. We can guide you through the financial difficulties facing your company and provide effective legal solutions that will return your business to growth.

Please contact Healy O’Connor Corporate Recovery on 1800 54 54 54 or email us at corporaterecoveryteam@hoc.ie

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