In the past year, Dillon Eustace has seen a notable increase in insolvencies in the real estate, construction and hospitality sectors.
These appointments have been by domestic alternative lenders (typically backed by international capital) or international funder clients who are not willing to show the same forbearance as the domestic pillar banks, Jamie Ensor, partner and head of restructuring and insolvency at the firm, says.
“By way of example, we are acting for the receivers appointed over a number of assets that were previously in the Press Up Group.
“We are also acting for the receivers appointed over the assets of the Goldstein Property ICAV, an investment fund that was managed by Quanta Capital.
“What we are…
