Strategic support for businesses facing financial distress
Businesses across all sectors encounter financial challenges due to market fluctuations, economic cycles, and operational pressures. At Moore Ireland, we provide expert restructuring and insolvency services to help viable businesses recover, stabilize, and thrive.
Restructuring services
Our solutions range from informal arrangements to formal legal processes, depending on the severity of financial distress. We start by assessing your business viability and then engage stakeholders with a clear recovery plan to secure support and create space for restructuring.
When full repayment isn’t feasible, we negotiate settlements based on asset values and arrange funding to support these agreements.
This method involves negotiating payment holidays and securing temporary working capital, especially effective when one key creditor is involved and business viability is proven.
A court-approved process that doesn’t require unanimous creditor consent. Creditors are grouped into classes (secured, unsecured, preferential), and a proposal is voted on. A 75% majority in each class is needed for approval.
A streamlined alternative to formal schemes, SCARP is ideal for small businesses. It offers a faster, more cost-effective route to restructuring with a lower threshold of creditor involvement.
A High Court process lasting up to 100 days, used when there’s a serious threat to business survival and employment. It provides court protection while a rescue plan is developed and negotiated.
Corporate recovery & insolvency services
In some cases, formal insolvency procedures are necessary to preserve viable elements of a business or to wind down operations responsibly.
Appointed when a borrower defaults, a Receiver manages or sells secured assets to repay debts. In some cases, businesses can emerge from receivership and resume trading.
Our receivership services include:
- Acting as Receiver for chargeholders
- Securing and managing assets
- Developing strategies to maximize asset value
- Optimizing lender returns
When a business is no longer viable, liquidation may be the best option. We assess solvency and, if appropriate, act as liquidator to wind up operations and fulfill statutory obligations.
Our liquidation services cover:
- Asset realization (debts, stock, fixed assets)
- Creditor communication and dividend distribution
- Employee redundancy and entitlements
- Statutory reporting to regulatory bodies
For solvent businesses that have outlived their purpose or ceased trading due to retirement or strategic restructuring. MVL allows for efficient asset extraction and company dissolution.
Proactive steps to safeguard business continuity
Identifying early signs of liquidity stress is essential. Regular financial reviews and performance monitoring allow businesses to take proactive steps before insolvency becomes a reality. Early engagement with stakeholders, especially lenders, helps build consensus and avoid adversarial positions.
With extensive experience across diverse industries, Moore Ireland delivers custom restructuring solutions that protect business value, preserve employment, and ensure creditor cooperation. Whether you’re facing temporary liquidity issues or considering formal insolvency, we’re here to guide you every step of the way.
Contact our team today for a confidential consultation.
