Examinership - recent application

Cosgrove Gaynard Solicitors

Cosgrove Gaynard solicitors were delighted to advise on another recent examinership petition to the High court.

Cosgrove Gaynard Solicitors were delighted to advise Denis Moriarty The Kerries Limited and Moriarty Civil Engineering Limited on their application for the appointment of an Interim Examiner and an Examiner to the Companies which was the first examinership petition in 2018.

The Companies, one of Kerry’s best known civil engineering and construction services groups, had requested the High Court to appoint Neil Hughes of Baker Tilly Hughes Blake as examiner.

Cosgrove Gaynard Solicitors, together with Ross Gorman BL, counsel for the Companies, successfully applied before McGovern J on 23 January to have Mr Hughes appointed, and he will now work with the Companies in an effort to put in place a formal restructuring and implement a scheme of arrangement, to allow the Companies to continue as a going concern, and retain the 128 directly employed people.

All news
My business is struggling, what are my options

When a business fails, for whatever reason, the liquidation of the company should not be the only option considered. There is another option to be considered called examinership.

Text Link
The remortgage legal process explained

Remortgaging is the process of moving your mortgage to a new lender from your existing lender. People may choose to remortgage for various reasons, including to pay off other debts, to reduce monthly payments, or even to pay off the mortgage earlier. This article will guide you through the legal process of remortgaging and how you can go about doing it.

Text Link
New Personal injuries guidelines in Ireland

New guidelines have been introduced for Personal Injury claims in Ireland. See our article below which sets out the practical implications of when the new guidelines come into effect and how they may affect your personal injury claim.

Text Link
SCARP - Small company administrative rescue process announced

The Minister for Trade, Promotion, Digital and Company Regulation, yesterday announced government approval for the priority drafting of the Companies (Small Company Administrative Rescue Process and Miscellaneous Provisions) Bill 2021. The Bill amends the Companies Act 2014 by providing for a simplified restructuring process referred to as SCARP (small company administrative rescue process) for small and micro companies.

Text Link
Mortgage documentation : explained

Mortgage documentation explained. If you are buying a property and seeking finance, there are certain documents that will be required by your bank.‍ Once you are sale agreed on your property and have instructed your solicitor, you will need to inform your bank or lending institution of your solicitor’s details so that the bank can issue your loan offer and loan pack to them.

Text Link
FAQ'S on the recently enacted VASP registration process with the Central Bank

FAQ'S on the recently enacted VASP registration process with the Central Bank‍. Further to our recent article on the registration process, we have set out a number of replies to frequently asked questions that are arising from both current and new virtual asset service providers in Ireland.‍

Text Link