Decrease in level of corporate insolvencies in Q1
Corporate Insolvency Statistics Q1 2021
104 corporate insolvencies were recorded in Ireland in the first quarter of 2021. This represents a marked decrease of 33% from 2020, when 159 incidents were recorded - according to the latest insolvency statistics published by Deloitte.
SME Specific Corporate Rescue
Proposed 'summary rescue process' announced
In response to the unprecedented economic damage of Covid 19, have recently made a very welcome announcement of a Public consultation process to explore the introduction of a new ‘Corporate Rescue’ process specifically aimed at SME’s.
Marginal increase for corporate insolvencies in 2020 despite economic challenges -
Surge of insolvencies prevented by government measures and creditor forbearance
A marginal increase in corporate insolvencies was recorded in Ireland in 2020, according to the latest insolvency statistics published by Deloitte. The total number of corporate insolvencies recorded in Ireland in 2020 was 575, representing a marginal increase of just 1% from 2019, when the total number recorded was 568.
Navigating volatility and distress
Acting early will provide more options to your business.
How can the airline industry best navigate restructuring challenges triggered by COVID-19?
In the midst of Covid-19, the aviation sector has been one of the hardest hit with an all but collapse in passenger numbers after widespread travel bans and global lockdowns.
More K than V: a patchy recovery
European CFO survey Autumn 2020: The pandemic is reshaping economies in fundamental ways, so are CFOs optimistic that there are brighter days ahead?
The twelfth edition of the European CFO Survey focuses on the impacts of the COVID-19 pandemic, reporting in particular on current revenue expectations and employment plans and the investment areas that businesses across Europe are prioritising.
Hospitality and Tourism Sector Domestic Market Review
Current and long-term issues facing the sector
The Hospitality and Tourism Sector is one of Ireland’s most diverse and vibrant areas of employment seeing significant growth over the last decade making it a key component of the Irish economy. With COVID-19 widespread travel bans, global lockdowns and Brexit pending, there is no certainty as to when these sectors will fully reopen for business.
Insolvency – Selecting a Liquidator – 3 key factors to be considered
In order to avoid making what is a difficult process for Company Directors any more problematic, Directors should satisfy themselves that their chosen Liquidator is a specialist, with significant liquidation experience and a track record of successfully completed liquidations behind them.