Business Restructuring / Insolvency

We take a practical and constructive approach to protecting the interests of clients who are affected by corporate reconstructions, recovery and insolvency. We also work with under-performing businesses, national and local insolvency practitioners, banks and other financial institutions.

Our team members have a broad range of experience in dealing with issues relevant to insolvency law and in addition, Jeanette Donohoe, Director, has Professional 1 and 2 qualifications from the Institute of Chartered Accountants in Ireland.

We can advise you on corporate rescues and reconstructions, formal insolvencies including administrations, receiverships and liquidation, cross border insolvency, workouts and rescue and individual or partnership insolvencies.

Our expertise in insolvency and restructuring is supported by a depth of resources and niche specialisms throughout our practice. We are a dynamic, flexible and very accessible team. Indeed, our reputation for providing exactly this type of service is increasingly being recognised by our clients.

Recent Work

  • Advising the major creditor of McCormick Macnaughton (NI) Limited (In Administration).
  • Advising the joint Administrators of T Thompson & Co Limited (In Administration) that traded as Bargain Books.
  • Advising the joint Administrators in the Administration of Derry City Football Club.
  • Advising the joint Administrators of the Taggart Group of Companies.
  • Advised the joint administrators of Budget DIY and Reid Transport.
  • Advised the major creditors of Coleraine Football Club (in Administration), Shop Electric Ltd (in Administration), Thermomax Ltd (in Administration) amd DMMI Limited (in Administration).
  • Currently the lead advisor to Invest NI.
  • Frequesty asked to act on behalf of local Trustees, Administrators, Supervisors, Liquidators, Receivers and Banks in providing a wide range of contentious and non-contentious related matters and also represent directors in respect of proceedings commenced under the Company Directors Disqualification (Northern Ireland) Order 2002.

Endorsements

The Insolvency Team is the only Northern Ireland firm ranked in the top tier of both the Legal 500 and the Chambers Legal Directory.

Jeanette Donohoe is ranked as an "Associate to watch" and described as "Talented" and "One to watch" in Chambers UK 2009 and 2010, A Client's Guide to the Legal Profession.

"This dedicated corporate recovery and insolvency practice provides top-quality advice on both contentious and non-contentious matters across the insolvency spectrum" - Chambers 2010.

"This Belfast powerhouse evokes tremendous loyalty among clients..." - Chambers 2009

"Peers believe that it is fully entitled to its top tier position" - Chambers 2008 (Tier 1)

For a list of recent articles please click here.