The Small Company Administrative Rescue Process
Accessible restructuring for small and micro companies
The Bill follows the publication of the proposals for the Small Company Administrative Rescue Process (SCARP) on 25th May 2021, public submissions in March 2021 and a report by the Company Law Review Group in October 2020.
8% increase in level of corporate insolvencies in Q1 2022
Corporate Insolvency Statistics Q1 2022
A total of 120 corporate insolvencies were recorded in Ireland in the first quarter of 2022, according to the latest insolvency statistics published by Deloitte. This represents an increase of 8% from the same quarter in 2021, when 111 incidents were recorded.