Insolvency & Corporate Restructuring

insolvency and corporate restructuring

Lavelle is recognised as one of Ireland’s leading insolvency practices. The insolvency team is headed up by Michael Lavelle, Managing Partner. Building on his own reputation as a top insolvency expert for over twenty years, Michael has developed the insolvency practice as a top-tier practice, as reflected in the large number of landmark insolvency cases in which the firm has acted.

Our firm provides quality advice across the range of insolvency matters. Our lawyers have expert knowledge and experience in advising banking and other creditors, directors and shareholders. Our firm is also instructed by leading insolvency practitioners in Dublin, as well as foreign lawyers, accountants and creditors.

We provide specialist advice in Court Liquidations, Creditors Meetings, Employees’ Rights, Examinerships, Voluntary Liquidations, Receiverships and Corporate Restructuring.

The firm’s team of experienced insolvency lawyers is committed to achieving the best commercial outcome for the client. The focus is on developing a relationship with each client that maximises the benefits of our experience, industry knowledge, commercial realism and flexibility.

Our insolvency lawyers are members of the Irish Society of Insolvency Professionals, Irish Insolvency Group and Irish Institute of Credit Management.

Insolvency Practitioners

Lavelle works with insolvency practitioners in all types of insolvency to assist in maximising the chances of the company, or as much as possible of its business, continuing in existence or if that is not possible to produce the best return for the company’s creditors and members.

Whether it be receivership, examinership, provisional liquidation or liquidation we provide advice prior to the appointment and during the administration on all issues arising. In particular we advise on which form of appointment is appropriate in the circumstances.

In the case of personal insolvencies we advise creditors on the options available to maximise returns. Lavelle also takes instructions from overseas insolvency practitioners looking to recover from Irish concerns.

Shareholders and Directors

We also advise, assist and take appropriate action for creditors, shareholders, guarantors and directors on the many and varied issues which may confront them during an insolvency.

Litigation

Our team is experienced in all types of litigation arising in the insolvency context. These may be routine winding up applications, appointments of provisional liquidator, examinership, receivership and applications to the Court for directions for an insolvency practitioner, pursuing preference claims or fraudulent lending, reckless trading, Section 150 restrictions of Directors and Section 160 disqualifications of Directors.

Commercial

Our extensive experience includes not only advising on but preparing commercial documentation to implement solutions to problems as they arise. We work with insolvency practitioners, Directors and shareholders to develop and implement corporate re-organisation and reconstruction.

Corporate INTL Global Awards

  • Acting for the Clerys’ concession store owners in a claim against the provisional liquidator, Ciarán Wallace and the vendors of Clerys’ trading company
  • Acting for NAMA and Financial Institutions in proceedings to reverse fraudulent asset transfer
  • Acting on behalf of NAMA Statutory Receivers appointed over various companies and properties and advising the Receivers on an ongoing basis in respect of landlord and tenant matters and general debt recovery and litigation matters
  • Acting for the United States Trustee in Bankruptcy in the bankruptcy of David Drumm and successfully obtained an Order in Aid in the High Court allowing the US bankruptcy to be recognised in Ireland. This was the first application of its kind in Ireland
  • Acting for NAMA in several high value High Court/Commercial Court proceedings against a number of borrowers seeking summary judgment on foot of loan agreements and personal guarantees.
  • Advising NAMA and a PI bank on debt settlement agreements, negotiating and drafting a Deed of Settlement which included a portfolio sale of assets
13 Apr, 2016
legal500 EMEA Top FIrm 2016

Lavelle Solicitors listed as a recommended firm by Legal 500 EMEA

Lavelle Solicitors has again been recommended in the 2016 edition of The Legal 5…

10 Sep, 2014
Security Management and Enforcement Publications

Lavelle Solicitors set legal precedent in EU Law

Lavelle Solicitors was successful in advising their client, Rathville Company Li…

22 Jan, 2014
Corporate INTL Global Award Winner 2014

Lavelle Coleman named Insolvency Law Firm of the Year in Ireland

Lavelle Coleman ‘s Insolvency and Corporate Restructuring Group has been named I…

27 Nov, 2013

First Debt Settlement Arrangement approved by creditors this week

A borrower from Donegal with debts in excess of €100,000 will see a significan…

2 Sep, 2013

IICM Credit Convention 2013

We are delighted to announce that we are one of the sponsors of the Irish Instit…

14 Aug, 2013

Onerous Leases and Corporate Recovery

Recent developments within this jurisdiction have provided more than a glimmer o…

26 Mar, 2013
Insolvency and Corporate Restructuring Update

Insolvency and Corporate Restructuring Update

The Personal Insolvency Bill (the “Bill”) was published on Friday, 29 June 2…

Lavelle Solicitors ‘pays attention to detail and gets the job done’. It acted for 20 concession holders of Clerys department store in a claim against the provisional liquidator. Michael Lavelle heads the practice, and Senior Associate Paul Brady is also recommended”.

European Legal 500

, 2016 edition

“Lavelle Solicitors acted for the petitioning creditor in the winding up of McArthur Group in Ireland. Michael Lavelle has an excellent reputation.”

European Legal 500

, 2015 edition

A first choice firm for tricky assignments; they recently acted for the liquidator of Paymount. Michael Lavelle is practical and outcome focused.

European Legal 500

, 2014 Edition

“attracts a large share of High Court matters. It successfully represented the US Trustee in Bankruptcy regarding aspects of the bankruptcy of former Anglo Irish Bank CEO, David Drumm.”

European Legal 500

, 2013 Edition

Legal 500 Awards Leading Firm

Key Contacts

Key Contacts