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.
Private Equity — supporting the recovery of the indigenous Irish economy
A snapshot of Private Equity in the Irish market
This is the first in a series of four articles where we examine the current Mergers & Acquisitions (“M&A”) activity in Ireland with a focus on private equity (PE) – an industry that has grown rapidly from nascent beginnings less than a decade ago.
Preparing for takeoff?
What is the outlook for the aviation sector as it bids to recover from the impact of the COVID-19 crisis?
COVID-19 struck the aviation industry especially hard because travel restrictions to combat the spread of the virus effectively grounded planes for much of 2020. The latest estimates from IATA show that last year, European passenger traffic fell by 73% in the Middle East, 72% in Africa, and 70% in Europe, when measured by revenue per kilometre.
Accelerating growth with Venture Debt
The market for venture debt remained open and active throughout 2020
In what was a very challenging 2020 for the Irish economy, the market for venture debt remained open and active.
In what was a very challenging 2020 for the Irish economy, the market for venturedebt remained open and active. Looking forward to 2021, we see venture debt continuing to play an important role in supporting high growth businesses in Ireland.
A selection of our 2020 Transactions
Advice on protecting, enhancing and realising value
Our Financial Advisory team advises on protecting, enhancing and realising value. Specialising in Mergers & Acquisitions, Debt & Capital Advisory, Valuations, Transaction Services and Restructuring & Forensic Services, we deliver insightful solutions to our clients to drive their businesses forward.
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.
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.