Legal News (Insolvency & Restructuring)

A number of our solicitors and practice areas have again been recognised in the latest edition of leading international legal directory The Legal 500.

The High Court has refused a challenge by a liquidator to an invoice discounting agreement entered into by the Company prior to liquidation.

The High Court recently rejected an appeal by KBC Bank Ireland to write down a portion of a debtor couple’s mortgage due to the uncertainty in the ability of the debtors to repay the warehousing portion of the loan.

Alleged breaches of regulatory codes by financial institutions have featured in a number of default and repossession cases. Jeremy Erwin reviews the implications of recent judgments for lenders and borrowers.

On 24 January 2012, the draft general Scheme of the long awaited and greatly discussed Personal Insolvency Bill was published for consultation by the Government. Following a process for submissions, the Personal Insolvency Bill 2012 was published on 26 June 2012 and presented for the First Stage before Dáil Éireann.