The key to survival, for any business, is to act early – plan early, seek professional advice early and communicate with creditors and stakeholders early. During the course of this Webinar Jennifer Fay and Clodagh McNamara, Partners in the Restructuring and Insolvency Department at Clark Hill, together with Senior Counsel Edward Farrelly SC, will explore some of the options available to assist company directors and partnerships position their businesses for a successful emergence from the Covid-19 challenge. |
Topics we will cover during this Webinar will include:
This Member-only webinar is free, but you must pre-register.
- Schemes of Arrangement – this is a less costly but equally effective mechanism to restructure debts and other obligations. Our speakers will give a brief outline of the process and explore the benefits and limitations of this option;
- Informal Restructuring and negotiated Settlements with creditors – Our speakers will discuss how an informal, non Court based approach can be particularly effective where there are a small number of key creditors e.g. a Landlord or the Revenue Commissioners..
- A Mediated Settlement – a novel alternative? Senior Counsel Edward Farrelly SC will explore how Mediation could be utilised to provide for a fast, structured, binding restructuring of debts and other obligations without the costs and other limitations associated with Examinerships and Schemes of Arrangement;
- Examinerships – Our speakers will give a brief overview of the Examinership process – the criteria, the benefits and the risks involved. They will also discuss some of the successful Examinerships in which they were personally involved – whether acting for the Examiner or the Company itself.