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Examinership Refinancing Schemes of Arrangement

 

THE NEED

Almost all businesses experience cash flow or financing issues from time to time. If you need practical, speedy, and objective advice to help guide you through financial difficulties Horwath Bastow Charleton Limerick is the right choice. We understand the stress associated with financial problems and we will work closely with you to reach the best possible outcome.

The primary focus of our Business Rescue Division is to turn companies around. Consequently, we actively seek the opportunity to assist companies that are in difficulty and need the right strategic advice. Having analysed the situation we will when appropriate take the position of Examiner or present a restructuring plan.

CREDENTIALS

Brian McEnery is one of Ireland’s leading business rescue advisors. He and his team plan and strive to achieve business turnaround for the betterment of all parties.

Our team has a reputation for professionalism and a range of experience that is uncommon among Irish firms – not only including examinership and the more commonplace informal and voluntary arrangements, but also experience of one of the most recent court-approved voluntary schemes of arrangement. This was the case of a company which has since become one of Ireland’s publicly quoted companies.

Whether dealing with corporate or personal insolvency and financial difficulties, the key to success is gaining the confidence of the stakeholders in your business. Your strategy for recovery must at all times appear credible and you must ensure stability when dealing with financial institutions.

FEATURES OF OUR SERVICE

No matter how well prepared, every business can be rocked by a crisis. In order to successfully navigate through a major problem you need someone who:

  • Has business experience and intuition gained from numerous events in the past.

  • Is an expert in financing and valuing businesses.

  • Has access to significant resources that can be called upon when required.

  • Is used to dealing with both business related (e.g. financial,
    management, ownership) and non-business related (relationship, family, etc.) aspects of problem solving.

  • Has credibility both internally (shareholders, management, family) and externally (banks, financiers, creditors, trading partners, etc)

  • Is pragmatic, decisive and focused on getting the job done.

This is what we strive for in Horwath Bastow Charleton Limerick. We aim to provide you with the expert guidance required in a time of crisis and to inject fresh thinking into developing solutions – whether corporate or personal.

Not all business insolvencies can be resolved by Examinership or similar mechanisms, but at Horwath Bastow Charleton we are willing to use the legislation to its best effect. Many insolvency practitioners prefer to take on a liquidation rather than the hard work of an Examinership or other forms of business restructuring. Brian McEnery and his team commit to pursuing rescue before winding-up.

For a presentation on Examinership please click here

BENEFITS

We at Horwath Bastow Charleton Limerick are experts in this field. Our reputation and proven track record will not only permit us to devise the optimal structure for yourself and/ or your business going forward but will also help to gain the acceptance of your financiers.

Early intervention combined with rigorous financial analysis is key. We recognise viability; no matter how advanced the problem but we remain objective at all times. We will work hand-in-hand with you to help see your company through difficult times.

Recovery and continuity are the cornerstones of our strategy. We will focus all our resources on ensuring the optimal solution is achieved.
For further information contact:

For further information please contact:

Brian McEnery
E: brianmcenery@hbcl.ie

Eoin Ryan
E: eoinryan@hbcl.ie

 

Horwath International

Horwath Bastow Charleton Limerick
Horwath House, The Red Church, Henry St., Limerick, Ireland
T: + 353 (61) 310 311 F: + 353 (61) 31 88 99 E: Mail Addresses
Authorised by the Institute of Chartered Accountants in Ireland to carry on investment business.