When a client gets into financial difficulty they will usually turn to the company’s accountants or solicitors seeking guidance.
An ever increasing amount of new legislation and new case law makes it difficult for the Practising Accountant/Solicitor to keep up to date with all of the developments. As a service to other accountants and to solicitors, we have been providing since 1998 a free telephone helpline service dealing with straight forward insolvency issues.
We also provide a service of preparing all of the necessary statutory pre-liquidation documentation, such as notices to shareholders and creditors, statutory advertisement, shareholders consent to short notice, forms for filing at the Companies Registration Office and a creditors attendance register. The documentation is professionally prepared, and complies with all of the relevant legislation and the Rules of the Superior Courts.
We recognize that some accountancy firms only do occasional insolvency work, and that they sometimes require assistance on non-routine matters. We can provide pragmatic advice on all insolvency areas, including the following:
-
Obtaining insurance cover for insolvency work
-
Security arrangements for property
-
Debt Collection Strategies
-
Retention of Title Claims
-
Agreement of Preferential Claims
-
Processing of employees claims
-
Drafting reports to Committee’s of Inspection
-
Statutory advertising requirements
-
Final meetings of members and creditors
-
Submission of returns to the Companies Registration Office
-
Advice on "pre-packs"
We have published four publications which are useful to accountants and solicitors. Details of these publications are contained on our page “Publications Available”.
We also work on assignments where a company'a auditors might have a conflict of interest, such as advising shareholders in shareholders dispute. We can carry out work such as share valuations.
We guarantee absolute confidentiality in all of our work.
For further information please contact Jim Stafford or Tom Murray on 01 661 4066 or stafford@liquidation.ie
or murray@liquidation.ie