Beauchamps' Partner and Head of Insolvency & Corporate Restructuring, Barry Cahir, has contributed to the Irish Chapter of the Restructuring Review - 15th Edition, produced by the Law Reviews. The Law Reviews acts as an essential information tool helping in-house counsel, governments and corporate officers to look beyond their own borders and explore strategic solutions in foreign jurisdictions.
In this chapter, Barry reflects on the range of support measures that the Irish government made available to businesses during the covid-19 pandemic are stopping, and negotiations for repayments of warehoused tax liabilities are beginning. Layered on to this he comments on:
- The inflationary pressures prevalent around the world and the uncertain impact of the ongoing invasion of Ukraine by Russia.
- Brexit still looms large, and the very real threat of unilateral abandonment of the Northern Ireland Protocol has increased uncertainty for those trading with the United Kingdom.
- In Ireland, the cross-border restructuring landscape has been quiet, but the conversation continues to be dominated by aviation, including the relatively recent examinership of Norwegian Air, the examinership of CityJet DAC and the Nordic Aviation Capital scheme.
- Domestically, the focus has been on small companies following the introduction of an out-of-court restructuring tool designed specifically for smaller companies.
The Law Reviews provides in-depth analysis of global legal issues and their commercial implications, written by thought leaders at the world’s top law firms.
For more information on the topics discussed in this chapter, or on insolvency and corporate restructuring in general, contact Barry Cahir or your usual Beauchamps contact.