As economic uncertainty continues to challenge businesses across Ireland, the companies best placed to weather disruption are not necessarily those with the deepest pockets, but those willing to recognise problems early and seek advice before financial pressure becomes a crisis.
That’s the view of Barry Cahir, partner in the Corporate Restructuring & Insolvency team at Beauchamps, who says a significant shift is taking place in how directors approach financial distress.
“Preventive restructuring is no longer an admission of failure, it’s an exercise in responsible governance,” he says. “The businesses that emerge strongest are typically those that engage early, explore their options and act before value is lost.”
That…