Restucturing and Insolvency: Ireland’s leading practitioners give their insights on the current trends and analyse the business outlook.
For some entrepreneurs in Ireland, there may be a perceived stigma about formal restructuring or insolvency procedures, unlike the culture in the US.
With SMEs in particular, there is also a worry about triggering an adverse financial impact on ownerdirectors, whether that relates to guarantees given to lenders or personal taxation consequences.
So says Barry Cahir, partner and head of corporate restructuring and insolvency at Beauchamps LLP, who has been practising in this area for almost 25 years.
During that time, he has been chairman of Restructuring and Insolvency Ireland, the trade…
