October 14, 2021
Budget 2022 was announced on the 12th October, 2021. It is Minister for Finance, Paschal Donohoe’s fifth budget and the second of the coalition government between Fianna Fáil, Fine Gael...
Lavelle Partners is recognised as one of Ireland’s leading contentious insolvency law firms. Our insolvency team is headed up by Managing Partner, Michael Lavelle, a top insolvency expert for over thirty years. Michael has developed our insolvency team into a top-tier practice, as reflected by the large number of landmark insolvency and contentious insolvency cases in which the firm has acted.
Our expertise in insolvency means we are best placed to advise and represent parties to contentious insolvency disputes and litigation.
Insolvency occurs when a company is unable to cover their debts due to lack of funds and is placed in receivership, liquidation or examinership. Lavelle Partners act for and advise receivers, liquidators and examiners, as well as insolvent companies, their creditors and their directors or shareholders. Services we provide include:
This is a highly complex area of law and can, in some cases, give rise to additional disputes relating to improper conduct of company directors and management in the handling of insolvency; this is contentious insolvency. Such situations may include:
Lavelle Partners have assisted in many cases of complex insolvency disputes and litigation, providing advice and representation to liquidators, examiners, banks, lending institutions, company shareholders, directors, creditors, regulators, and other stakeholders. Such cases often require in-depth investigations, requiring forensic accounting across multiple jurisdictions, eDiscovery skills and multi-disciplinary teams.
As a full-service law firm, Lavelle Partners’ contentious insolvency Solicitors benefit from ready access to a range of in-house legal expertise across all practice areas. This allows us to formulate and execute legal strategies which are considered from all possible angles, including taxation, commercial and corporate, banking, property, insolvency, and professional negligence law.
When you first discuss your insolvency dispute matter with our team, they will seek to determine the best possible route to a resolution. In many cases, but not all, ADR may offer the best approach. ADR methods, such as mediation, adjudication, and arbitration all aim to achieve an amicable outcome to a dispute by using non-legal means. ADR has become increasingly popular in Ireland in recent years due to its considerable benefits; it is typically much cheaper and faster than litigation involving the Courts, and crucially it helps preserve business relationships. ADR dispute resolution relies on an independent and neutral third-party who will either play a role in helping the parties to find their own conclusion (mediation) or make a determination on their behalf (arbitration).
For further information regarding insolvency disputes in Ireland, please contact Lavelle Partners in confidence on (01) 644 5800.
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