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Insolvency Articles

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Court of Appeal Upholds The Decision To Extend The Bankruptcy of Thomas McFeely

On the 2nd February 2017, the Court of Appeal upheld a decision of the High Court (Costello J) which extended the Bankruptcy of Mr. Thomas McFeely to the 30th May 2020. This extension to Mr. McFeeley’s Bankruptcy was the maximum permitted under the legislation applicable at that time. … Continue Reading

In the Matter of Event Elephant Limited (In Liquidation) and in the Matter of the Companies Acts 1963-2013

In the Matter of Event Elephant Limited (In Liquidation) and in the Matter of the Companies Acts 1963-2013 Joseph Walsh and Neil Hughes v Alan Barrett and Ron Downey … Continue Reading

Company Directors Restriction Proceedings: a Review

Since the enactment of the Companies Act 2014 (the Act), the jurisdiction to make a declaration restricting a director of an insolvent company can now be found in S. 819. The phrasing of the section, while not identical, is broadly similar to S. 150 of the Companies Act 1990, the section which it replaces. … Continue Reading

Court of Appeal Decision on Reckless Trading

In the Matter of Appleyard Motors Limited (In Voluntary Liquidation) And in the Matter of S297A of the Companies Act, 1963 (As Amended). … Continue Reading