We continue to highlight Managing Partner Neil Hughes’ ‘Seven Cs of Business Recovery.’ As businesses battle the impact of COVID-19, it’s important to adopt the appropriate measures; Now, for tomorrow. I recently discussed the importance of seeking counsel from a carefully selected group of advisors. Now, for the next step on your business’s road to recovery. Chapter [...]
Business rescue has returned to the forefront in Ireland as a result of the economic impact of Covid-19 across the globe. Here, we highlight Managing Partner Neil Hughes’ ‘Seven Cs of Business Recovery.’ As businesses face extreme challenges, it’s important to adopt the appropriate measures; Now, for tomorrow. Following Ireland’s financial crash of 2008/09, I [...]
As businesses respond to COVID-19, it’s important to remember that with the right support and strategies in place, significant challenges can be overcome. In the final part of our 'Spotlight' series on examinership, Dessie Morrow, Corporate Advisory Director, writes about companies which have engaged in the examinership process due to testing times. We have been [...]
Still an underutilised process, examinership saved almost 600 jobs last year. According to Neil Hughes, Managing Partner at Baker Tilly, the growing number of companies availing of the rescue mechanism is to be welcomed given the uncertainty surrounding Brexit. Full article appears in The Irish Times. Read more here
In the second of a three-part series of articles, Dessie Morrow, Director in Corporate Advisory shares his insights on the benefits of examinership, exiting the process and why Baker Tilly are unrivalled in leading cases. What are the benefits for the company going into an examinership? There are many benefits. Too often, we see company [...]
In the first of a three-part series of articles, Dessie Morrow, Director in Corporate Advisory discusses examinership. What does the process involve? And what determines whether a company is a candidate for examinership? The Examinership Process The examinership process is a Corporate Advisory rescue mechanism which provides Court protection of up to 100 days to [...]