Insolvency Journal News

PERSONAL INSOLVENCY BILL, 2012

Insolvency_admin — Fri, 03 Feb 2012 14:51:00 GMT

On the 25th January 2012, the Minister for Justice and Equality, Alan Shatter, announced that the Government had approved publication ...

The position of company promoters in companies to which examiners have been appointed has been clarified in two cases whose significance are yet to be recognised.

Insolvency_admin — Fri, 03 Feb 2012 14:33:45 GMT

While it might appear that the interests of the promoter/shareholder/employee are so interlinked with the affairs of a company seeking ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 03 Feb 2012 14:25:07 GMT

Creditors meetings taking place from the 6th February 2012 to 10th February 2012
Company	Meeting details	Registered address	CRO ...

Today in the news

Insolvency_admin — Fri, 03 Feb 2012 07:55:00 GMT

Aer Lingus in trouble with Ryanair

Click here for the full story...

Service Sector Weakens

Click here for the ...

Greater number of corporate insolvencies in January 2012 compared to same period last year

Insolvency_admin — Wed, 01 Feb 2012 16:27:14 GMT

It looks like the further pain inflicted on already cash strapped Irish customers as a result of the budget at ...

Former low cost liquidator disqualified for 6 years

Insolvency_admin — Fri, 27 Jan 2012 15:16:52 GMT

In the case of Hunter Marshal Limited, liquidator Ken Fennell successfully brought disqualification orders pursuant to Section 160 against the ...

Stokes Brothers Disqualified for Four Years

Insolvency_admin — Fri, 27 Jan 2012 15:11:16 GMT

Simon and Christian Stokes, former directors of Bang Café in Dublin, have been disqualified from being involved in the management ...

Corporate Restructuring and Insolvency in Ireland 2011

Insolvency_admin — Fri, 27 Jan 2012 14:30:53 GMT

kavanaghfennell welcomes the 2011 edition of Corporate Restructuring and Insolvency in Ireland 2011 in association with www.insolvencyjournal.ie. Read the whole ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 27 Jan 2012 13:26:35 GMT

Creditors meetings taking place from the 30th January 2012 to 3rd February 2012
Company	Meeting details	Registered address	CRO ...

Trends and Outlook for 2012 - Bankruptcy

Insolvency_admin — Fri, 27 Jan 2012 12:52:25 GMT

Having not been updated since 1988, Irish Bankruptcy Law had become stale and irrelevant to present Irish society.

The ...

Personal Insolvency Bill Announced

Insolvency_admin — Wed, 25 Jan 2012 14:00:00 GMT

The Government today announced the Personal Insolvency Bill comprising of proposed measures to reform Ireland’s bankruptcy legislation which has long ...

TEN TIPS FOR LIQUIDATORS OF LICENSED PREMISES

Insolvency_admin — Fri, 20 Jan 2012 13:42:04 GMT

Article first appeared in the Business of Law section of the Sunday Business Post

Pubs have suffered a continuing ...

Newsbrief: Mr Thomas McFeely

Adele Hall — Fri, 20 Jan 2012 12:59:20 GMT

By Adele Hall

The now infamous property developer by virtue of the Priory Hall scandal, Mr Thomas McFeely has been ...

Quinn Family to contest Anglo Loans, as Sean Quinn is declared bankrupt in Dublin

Richael O'Brien — Fri, 20 Jan 2012 12:00:00 GMT

By Richael O'Brien

Former billionaire Sean Quinn has been declared bankrupt in a Dublin court after his bankruptcy declaration was ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 20 Jan 2012 12:00:00 GMT

Creditors meetings advertised to take place from 23rd to 27th January 2012 and the most recent appointments.

Creditors meetings taking ...

The Annulment of Sean Quinn’s Bankruptcy Order

Insolvency_admin — Fri, 13 Jan 2012 12:24:38 GMT

By Adele Hall

The Bankruptcy Order issued by the High Court in Belfast to Sean Quinn has been annulled by ...

ODCE 2011- Statement by the Director of Corporate Enforcement

Insolvency_admin — Thu, 12 Jan 2012 19:24:54 GMT

“Notable Progress was made in a Challenging 2011” – Director

Mr Paul Appleby, the Director of Corporate Enforcement has published ...

CBRE- The Irish Commercial Property Market - Outlook 2012

Insolvency_admin — Thu, 12 Jan 2012 19:08:47 GMT

By Marie Hunt, Executive Director, CBRE, Ireland

Over the course of the last three years we have been reminded ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 06 Jan 2012 14:37:26 GMT

Creditors meetings advertised to take place from 9th to 13th January 2012 and the most recent appointments.

Creditors meetings taking place ...

Interim Examiner appointed to Fallon & Byrne

Insolvency_admin — Fri, 06 Jan 2012 14:00:00 GMT

On 30th December the Court appointed an Interim Examiner to award-winning iconic food business Fallon & Byrne. The Court heard ...

Over 16% increase in company failures over the last two years

Insolvency_admin — Tue, 03 Jan 2012 08:37:46 GMT

Construction, Retail and Hospitality sectors hardest hit

• Construction accounts for 26% of total corporate insolvencies
• Retail insolvencies up ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Thu, 22 Dec 2011 15:45:06 GMT

Creditors meetings advertised to take place from 30th December 2011 to 6th January 2012 and the most recent appointments.

Creditors ...

Property prices

Insolvency_admin — Thu, 22 Dec 2011 15:33:41 GMT

Figures released by CSO have revealed national residential property prices from January to November this year have fallen by 15.6%, ...

Sean Quinn bankruptcy update

Insolvency_admin — Thu, 22 Dec 2011 12:53:36 GMT

The case being taken by Irish Bank Resolution Corporation formerly known as Anglo Irish Bank to challenge the bankruptcy of ...

How are the world's SMEs coping with the faltering recovery?

Insolvency_admin — Wed, 21 Dec 2011 10:12:00 GMT

By Nick Hood, BTG Global Network Chairman

Sitting amid the flat-lining wreckage of Britain's economic recovery and bemoaning how hard ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 16 Dec 2011 12:03:32 GMT

Creditors meetings to take place from 19th to 30th of December and the most recent appointments.

Budget 2012

Insolvency_admin — Fri, 16 Dec 2011 11:21:50 GMT

By Richael O'Brien

Retailers are bracing themselves for a challenging year after Minister for Finance Michael Noonan announced a ...

Stretching Cash Flow in a Restructuring by Maximising Credit Ratings

Insolvency_admin — Wed, 14 Dec 2011 09:00:00 GMT

By Denis Baker, CEO, Company Watch, www.companywatch.net

Generating, conserving and rationing cash is a key part of most restructuring ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 09 Dec 2011 12:00:00 GMT

Creditors meetings to take place from 12th to 16th of December and the most recent appointments.

The Pursuit of Individuals: Personal Guarantees and Bankruptcy

Insolvency_admin — Fri, 09 Dec 2011 11:04:00 GMT

Article from William Fry Solicitors

The last twelve months have seen an unprecedented number of receivers appointed by financial ...

CBRE: Property Industry Reaction to Budget 2012

Insolvency_admin — Thu, 08 Dec 2011 10:33:25 GMT

While acknowledging the difficult task facing the Irish Government in rectifying the country’s public finances, the property consultants expressed disappointment ...

An end in sight to debt overhang?

Insolvency_admin — Tue, 06 Dec 2011 15:28:00 GMT

Over-indebted Irish businesses and households have spent the last 3 years in a stalemate with their banks. Asset values and ...

Final Allsop Space Property Auction for 2011 Realises €11.4 Million, with a 92% Success Rate

Insolvency_admin — Fri, 02 Dec 2011 12:52:17 GMT

Ireland saw the largest ever property auction take place on Wednesday in the Shelbourne Hotel. Of the 112 property lots ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 02 Dec 2011 12:41:39 GMT

Creditors meetings to take place from 5th to 9th of December and the most recent appointments.

Arcadia Group to shut shops as consumer spending remains low

Insolvency_admin — Fri, 02 Dec 2011 12:04:38 GMT

By Richael O'Brien

Despite a modest growth of 0.1% in retail sales for October 2011, growth has remained slow ...

November shows highest level of corporate insolvencies for 2011

Insolvency_admin — Thu, 01 Dec 2011 09:00:00 GMT

- 90% increase in receivership appointments compared to October 2011
- Construction Industry remains worst affected
- Retail and Hospitality ...

Mortgage Arrears and Falling House Prices

Insolvency_admin — Fri, 25 Nov 2011 14:40:28 GMT

Figures released from the Central Bank have revealed just over 8 per cent, or 62,970, of private mortgages in Ireland ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 25 Nov 2011 14:22:16 GMT

Update on Voluntary Strike-Off Process

Insolvency_admin — Fri, 25 Nov 2011 12:37:19 GMT

By Adele Hall

Earlier this year, the Company Registration Office introduced new Regulations for Companies applying for voluntary strike ...

135 Jobs Secured at SuperValu

Insolvency_admin — Fri, 25 Nov 2011 12:33:24 GMT

In May this year there was a receiver appointed to Churchtown Supervalu. Owned by businessman Jim Treacy for over 20 ...

Voluntary liquidation – is it time to act?

Insolvency_admin — Wed, 23 Nov 2011 15:00:00 GMT

With the December budget looming, David Van Dessel suggests that directors already thinking about a members’ voluntary liquidation should consider ...

The Emergence of Bankruptcy Tourism as a business

Insolvency_admin — Fri, 18 Nov 2011 14:50:21 GMT

By Richael O'Brien

A UK Company, Irish Bankruptcy UK, is offering its services as an advisory outfit, helping Irish ...

Traveller’s Tale from London

Insolvency_admin — Fri, 18 Nov 2011 14:18:57 GMT

Nick Hood from Begbies Global Network continues his look at insolvency trends abroad, this week he is in London.

...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 18 Nov 2011 13:57:14 GMT

Creditors meetings to take place from 21st to 25th November and most recent appointments.

Creditors meetings taking place ...

The Largest Auction Catalogue in History

Insolvency_admin — Tue, 15 Nov 2011 15:55:10 GMT

Allsop Space has announced details their final property auction of 2011, which is to feature the largest number of property ...

Sean Quinn declared bankrupt

Insolvency_admin — Fri, 11 Nov 2011 14:20:42 GMT

Sean Quinn, once Ireland’s richest businessman was today declared bankrupt in a court in Belfast.

Through his lawyer and ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 11 Nov 2011 14:18:36 GMT

Creditors meetings to take place from 14th to 18th November and most recent appointments.

Creditors meetings taking place from ...

Murray’s Rent A Car

Insolvency_admin — Fri, 11 Nov 2011 14:13:01 GMT

Murray’s car rental business entered examinership in July 2009 and the scheme of arrangement was approved in October 2009, however ...

William Fry: Central Bank - New Supervisory and Enforcement Powers

Insolvency_admin — Fri, 11 Nov 2011 12:55:00 GMT

The Central Bank (Supervision and Enforcement) Bill 2011, published on 28 July 2011, proposes enhancing the Central Bank’s supervisory powers ...

Upcoming creditors meetings and recent appointments

Insolvency_admin — Fri, 04 Nov 2011 10:00:00 GMT

Creditors meetings to take place from 7th to 11th November and most recent appointments.

Creditors meetings taking place ...

Liquidator appointed to Goff Developments

Insolvency_admin — Thu, 03 Nov 2011 16:00:00 GMT

Ken Fennell of kavanaghfennell has been appointed as Liquidator to Goff Developments Limited of Horetown, Killinick, Co. Wexford. A well ...

CBRE Bi-Monthly Research Report: The Hotels & Licensed Market

Insolvency_admin — Wed, 02 Nov 2011 13:00:00 GMT

While transactional activity is somewhat less than what had been anticipated earlier in the year, the hotel industry itself, particularly ...

6% Increase In Number Of Corporate Insolvencies So Far This Year

Insolvency_admin — Tue, 01 Nov 2011 08:00:00 GMT

Independent industry statistics released by InsolvencyJournal.ie, reveal that corporate insolvency figures for the month of October totalled 122 bringing the ...

Upcoming creditors meetings & recent appointments

Insolvency_admin — Fri, 28 Oct 2011 14:24:17 GMT

Creditors meetings to take place from 1st to 4th November and the most recent appointments.

Creditors meetings taking ...

The Regulation of Liquidators

Insolvency_admin — Fri, 28 Oct 2011 13:04:50 GMT

By Eibhilin Marron

Analysis and Comments on the discussion paper issued by Charted Accountants Regulatory Board in September 2011

For ...

Receiver appointed to Mr Binman Group

Insolvency_admin — Fri, 28 Oct 2011 09:57:49 GMT

On 12th October an interim examiner was appointed to waste disposal group Mr Binman and related companies, Clearpoint, O’Meara Waste ...

Kodak

Insolvency_admin — Fri, 21 Oct 2011 11:40:46 GMT

By Mícheál Leydon

World Leader
For 131 years, Kodak Eastman has been supplying cameras and film the world over ...

Upcoming creditors meetings & recent appointments

Insolvency_admin — Fri, 21 Oct 2011 11:11:58 GMT

Creditors meetings to take place from 24th to 28th October and the most recent appointments.

...

Phoenix Syndrome

Insolvency_admin — Thu, 20 Oct 2011 12:00:00 GMT

By Richael O'Brien

A recent analysis of firms entering liquidations by BusinessPro, publishers of ‘Stubbs Gazette’, has revealed that 5% ...

Lisney Q3 Report: RENTAL INDICES

Insolvency_admin — Tue, 18 Oct 2011 11:03:55 GMT

ECONOMIC CONDITIONS

With the Greek situation continuing, there is great uncertainty in the euro zone sovereign debt markets at present. ...

Saab keeps rolling

Insolvency_admin — Fri, 14 Oct 2011 16:06:10 GMT

By Mícheál Leydon

Despite some close calls and last minute swerves, the Swedish Car Manufacturer Saab has continued to keep ...

Upcoming creditors meetings & recent appointments

Insolvency_admin — Fri, 14 Oct 2011 11:41:05 GMT

Creditors meetings to take place from 17th to 21st October and the most recent appointments.

Creditors ...

ACC secures judgment against Mick Wallace

Insolvency_admin — Fri, 14 Oct 2011 11:00:00 GMT

On Monday 10th October ACC Bank secured a summary judgment totalling €19,166,680 against TD Mick Wallace and his company M&J ...

Allsop Space Statistical Analysis Report, April – Sept 2011

Insolvency_admin — Wed, 12 Oct 2011 15:24:42 GMT

For the period April to September 2011, Allsop Space Ltd. sold 214 properties for a combined total of over €40 ...

Upcoming creditors meetings & recent appointments

Insolvency_admin — Fri, 07 Oct 2011 11:32:04 GMT

Creditors meetings to take place from 10th to 14th October and the most recent appointments.

...

Directors jailed for non-payment of pension contributions

Insolvency_admin — Fri, 07 Oct 2011 07:00:00 GMT

The Pensions Board is a statutory body set up under the Pensions Act 1990. The Board has a statutory role ...

Reform of Irish bankruptcy Law

Insolvency_admin — Wed, 05 Oct 2011 14:00:00 GMT

By Laura Bolger, Solicitor, Lavelle Coleman

The Minister for Justice, Equality and Defence, Mr. Alan Shatter T.D., has recently ...

Insol Europe: Appointment of President

Insolvency_admin — Tue, 04 Oct 2011 11:13:23 GMT

Jim Luby of McStay Luby has been appointed as President of Insol Europe at its recent conference in Venice.

Insol ...

Continued Decline In The Number Of Companies Going Bust Recorded in Q3 2011

Insolvency_admin — Mon, 03 Oct 2011 08:00:00 GMT

Corporate insolvency figures for the quarter ending September 2011 (Q3) show an 8% decrease on Q2 2011 figures

• Receivership ...

Upcoming creditors meetings & recent appointments

Insolvency_admin — Fri, 30 Sep 2011 13:25:00 GMT

Creditors meetings to take place from 3rd to 7th October and the most recent appointments.

Creditors ...