Corporate Recovery & Insolvency

Corporate Recovery & Insolvency

UHY Personal and Corporate Insolvency Solutions Limited is one of Ireland’s leading Corporate Recovery and Insolvency Practices. We provide practical support and advice to directors, shareholders, advisors and Companies of all sizes.

We do not accept that insolvency proceedings are always inevitable, and we will examine all options available to a Company. We provide the full range of Corporate Recovery and Insolvency services, including Liquidation, Receivership and Examinership.

Creditors Voluntary Liquidation

A Creditors Voluntary Liquidation is the most common liquidation process in Ireland. It is a process used to wind up a company that is insolvent.

A Creditors Voluntary Liquidation is typically initiated by the company’s directors. The first step is for the board of directors to have a board meeting to agree that the Company should be placed into liquidation and that notices should be sent to shareholders and creditors.

A Members Voluntary Liquidation winds up solvent companies, and distributes surplus funds back to shareholders.

High Court Liquidations are generally initiated by creditors seeking payment from insolvent companies.

For further information please contact Eugene McDarby on 1890 987 913 or email eugene.mcdarby@uhyinsolvency.ie