In this chapter, Barry reflects and gives examples how the Irish government has made available a range of financial, legal and social measures aimed at addressing the Covid-19 crisis.
One of his observations is that it is clear that a chaotic insolvency pandemic after the public health pandemic is not desirable, but the true impact will not be known until such time as restrictions are lifted further and some of the economic supports are withdrawn. The risks to the economic outlook are heightened further due to the uncertainty from external factors such as a hard Brexit, as well possible changes in internal taxation and trade.
Regarding insolvency measures available, Barry shares his expert insights on the Examinership scheme and the Companies Act scheme, as well as on a number of other topics including:
- significant transactions, key developments and most active industries
- international updates; and
- future developments
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.