Liquidation & Insolvency Specialists
BARRY & PARTNERS are a specialist insolvency and liquidation practice. We provide pragmatic advice and support to directors,
and shareholders of companies of all sizes throughout the Rep. of Ireland. We understand that Company Directors facing financial
difficulty are under extraordinary pressure. We have expertise in handling with care very delicate issues surrounding
company law and taxation. We approach such matters with great sympathy and sensitivity
Meet with one of our Partners in confidence, at a time and a place that suits you. All conversations are conducted on a completely confidential and discreet basis.
Pre-insolvency advisory work
The evolution of Company Law in the 1990’s and beyond has resulted in considerable changes in the whole insolvency area. Insolvencies have become much more serious environments for company directors. The implications of, and procedures involved in, winding-up a company have become increasingly onerous with the advent of the Company Law Enforcement Act 2001 and the establishment of the Office of the Director of Corporate Enforcement. The duties and responsibilities of directors and the manner in which they conducted the affairs of the insolvent company in the two year period leading to the insolvency come in for increased levels of scrutiny.
The increased burden of responsibility imposed on directors by legislation coupled with the current economic situation result in an environment where companies and their directors must align themselves with a specialist practitioner when faced with a Liquidation situation. Directors of insolvent companies ought to rely on their professional advisors to guide them through the perils of reckless trading, fraudulent preference of creditors, Directors’ restriction, Directors’ disqualification, personal liabilities for the debts of the company, personal guarantees, employment legislation, breaching of contracts etc. We can advise on the most advantageous steps to place a company into voluntary liquidation.
Whether it be acting as liquidators, or simply offering advice, we can help. With a breadth and depth of experience, with a particular focus on small-medium sized and owner-managed business sectors, our insolvency specialists focus on the issues faced by clients in a troubled business. Acceptance of insolvency is critical to establishing the remedial actions to avoid the worst repercussions of business failure.