Legal News (Insolvency & Restructuring)

Insolvency rates remained low during the COVID-19 pandemic and governmental financial aids provided during the pandemic have been phased out and/or withdrawn. However, we are beginning to see the SCARP option being explored more frequently.

The Department of Enterprise, Trade and Employment has announced that the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Act”)[1] has been extended to 31 December 2022 following recent approval by the Government.

Hayes solicitors LLP has again been recognised in the latest edition of leading international legal directory The Legal 500. Here you can read what some of our clients had to say.

As we approach the end of another pandemic year, which has had more than its share of ups and downs, it’s timely to express our deep appreciation of your loyal support that has given great stability to us during another uncertain year. 

The Minister for Trade Promotion, Digital and Company Regulation has brought into effect the Companies (Rescue Process for Small and Micro Companies) Act 2021, better known as “SCARP”.

Print & Display appealed the decision of the High Court to the Court of Appeal. Hayes defended a liquidator in an action by a shareholder of a company to remove him in a long running complex liquidation of a company with foreign subsidiaries and assets.