The multi-disciplinary team is highly experienced and has the requisite skills to deal with the unprecedented and complex matters that may arise in the current economic environment.

Our team provides specialist advice on all contentious and non-contentious insolvency, corporate restructuring and recovery matters and regularly draws on specialist lawyers in the firm to assist on discrete matters such as IP/IT, property, licensing, dispute resolution, corporate finance, employment and insurance to provide practical tailored advice and solutions. The teamwork with and support all types of stakeholders including distressed companies, company directors and other office holders, insolvency practitioners, shareholders, financial institutions, debtors and creditors.  

Our Services:

  • Examples of the services we provide include:
  • Advising stakeholders including insolvency practitioners, directors and creditors in respect of all insolvency procedures including examinership, schemes of arrangements, receiverships and liquidations.
  • Advising directors and other officeholders of distressed companies on insolvency risk, personal liability, corporate rescue options and directors’ duties.
  • Advising directors of solvent companies within insolvent groups.
  • Debt restructuring, negotiation and implementation (both informal and formal court-based schemes).
  • Assisting in the sale or purchase of distressed assets either in a restructuring or through formal processes.
  • Insolvency related disputes.
  • Advising solvent companies on restructuring and reorganisation of their businesses.
  • Advising companies on the domestic and cross border merger regimes.
  • Advising companies on the restructuring of their debt arrangements.
  • Cross border insolvencies.

Experience

  • Advised the fixed and floating charge receiver appointed over a number of licenced premises in relation proprietary claims by alleged tenants of the licenced properties.
  • Advised and defended a secured lender and the fixed charge receiver in high court injunction proceedings in relation to a claim that the security and receiver’s appointment were invalid.
  • Advised and continue to advise fixed and floating charge receivers on large scale receivership projects, involving portfolios of residential, retail and mixed-use commercial investment properties.
  • Advised Panda Waste on the acquisition of A1 Skips business from the receiver.
  • Advised Causeway Capital Partners in the acquisition of Celtic Linen Ltd (In Examination).
  • Acted for Fate Park Ltd and other related companies in the successful appointment of an examiner over those companies.
  • Acted for Tedcastle Oil Products on the acquisition of Fate Park Limited (in Examination).
  • Acted for Ardale Group in the acquisition of Weslin Construction Limited (in Examination).
  • Acted on behalf of the liquidator in the seminal case of Devey Enterprises Ltd in which the High Court (Laffoy J) found that payments by the company constituted fraudulent dispositions and ordered that directors pay €1.2million to the company in liquidation.
  • Acted on behalf of a director in the landmark case of Tralee Beef & Lamb Limited and successfully appealed the decision of the High Court in restricting a non-executive director of that company.
  • Advised the directors of a large international insolvent construction company in relation to their duties and liabilities under Irish law.
  • Acted for a director of PBR Restaurants Limited in relation to the examinership of that company and their duties and obligations as a director.
  • Advised the directors of a solvent Irish subsidiary company in relation to their obligations in circumstances where their parent and larger group was insolvent.
  • Advised a secured lender in relation to claims made by a borrower that its security was unenforceable.
  • Acted for a large creditor in respect of a complex retention of title claim in the examinership of SIAC Construction Limited.
  • Acted for large unsecured creditor of an insolvent company seeking third party refinancing.
Head of Practice

Jill Callanan

Partner
Insolvency and Corporate Restructuring

jcallanan@lkshields.ie
+ 353 1 637 1551


More from our Insolvency and Corporate Restructuring team

Awards &
Recommendations

‘Very approachable and provide expert advice in a measured and effective way.’ Recommended for Insolvency and Corporate Restructuring.

Legal 500 2024
Awards &
Recommendations

‘The team’s strengths are many.' Recommended for Insolvency and Corporate Restructuring.

Legal 500 2022
Awards &
Recommendations

Recommended for Insolvency and Corporate Restructuring.

Legal 500 2021

Jill Callanan

Partner

jcallanan@lkshields.ie
+ 353 1 637 1551

Ruairí Mulrean

Partner

rmulrean@lkshields.ie
+ 353 1 638 5844

Peter O’Reilly

Partner

poreilly@lkshields.ie
+353 1 637 1579

Clare Dowling

Partner

cdowling@lkshields.ie
+353 1 637 1532

Photo for article Legal 500 2024

Legal 500 2024

LK Shields has once again been highly ranked in the latest edition of The Legal 500 2024 guide to outstanding...

Photo for article Legal 500 2023

Legal 500 2023

LK Shields has once again been highly ranked in the latest edition of The Legal 500 2023 guide to outstanding lawyers...

Photo for article Examinership Proceedings:  Do Costs Follow the Event?

Examinership Proceedings:  Do Costs Follow the Event?

Ordinarily, in civil proceedings a successful party in litigation will be awarded their costs. This is known as the legal...

Photo for article The Legal 500 2022

The Legal 500 2022

LK Shields Solicitors LLP has once again been highly ranked in the latest edition of The Legal 500 2022 guide to outstanding...

Photo for article Blow for Commercial Tenants in Irish High Court Ruling

Blow for Commercial Tenants in Irish High Court Ruling

by Jill Callanan, Clare Dowling

Photo for article LK Shields Solicitors Announce Two Partner Promotions

LK Shields Solicitors Announce Two Partner Promotions

Appointments in Litigation and Dispute Resolution and Banking Teams. Leading corporate and commercial law firm LK Shields Solicitors has promoted...

Photo for article Debts Subject to Personal Guarantees in Examinership

Debts Subject to Personal Guarantees in Examinership

by Jill Callanan, Clare Dowling

Photo for article SCARP Update: New Rescue Process Now Available

SCARP Update: New Rescue Process Now Available

The new formal rescue process for small and medium sized companies, SCARP, is now formally a part of Irish law....

By using this website you allow us to place cookies on your computer. Our cookies do not personally identify you.