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Practice Areas
Insolvency and Corporate Recovery

The members of our specialist insolvency and corporate recovery unit have considerable knowledge and experience in all contentious and non-contentious areas of insolvency and corporate recovery law, including: 

  • Secured and unsecured lending recovery
  • Creditors’ rights on insolvency
  • Retention of title issues
  • Advice to banks in respect of company law enforcement and procedural aspects of corporate insolvency including the enforcement of guarantees and security
  • Advice to banks on appointments of receivers
  • Court applications arising on corporate insolvency
  • Advice and support to receivers appointed by lending institutions in respect of all issues including appointment, recovery of costs and receivers’ powers
  • Company law issues arising in corporate restructuring
  • Advising official and voluntary liquidators in respect of procedural aspects of liquidations
  • Advising liquidators and individuals in respect of restriction and disqualification orders
  • Advising in respect of fraudulent preference and fraudulent disposition actions
  • Advising in respect of fraudulent trading and reckless trading actions

Most recently we have:

  • Advised a receiver appointed by a large lending institution in respect of the conduct of a receivership on behalf of a mortgagee where the company had continued to trade
  • Represented the liquidator of a company in a fraudulent preference action against the directors
  • Provided strategic advices to a receiver appointed by large lending institution in respect of the recovery of a substantial debt owed to the lending institution
  • Represented liquidators in taking restriction proceedings against the directors of a company in liquidation
  • Advised a liquidator in a creditors’ voluntary liquidation of a large international manufacturing plant which culminated in a substantial asset sale
  • Represented the Official Liquidator in a number of liquidations initiated by the Revenue Commissioners 
  • Acted for liquidators in a number of members' voluntary liquidations for both limited and unlimited Irish companies .

 

Holmes O’Malley Sexton is acting for the receiver on the Mini Storage Dublin receivership…Harry Fehily is the key contact.
Legal 500 EMEA 2014 – Insolvency and Corporate Restructuring

 

What the team is known for Acts for a wide range of financial institutions, receivers and liquidators, in addition to winning regular instructions from companies, directors of insolvent companies and creditors.
Strengths (Quotes mainly from clients) "This firm does a phenomenal job on the high-profile work. It knows how to steer a case and can hold its own against the biggest firms."  "The lawyers are proactive and responsive, and have everything under control."
Notable practitioners  Harry Fehily is the key contact for restructuring and insolvency matters.
Significant clients BDO, KPMG, Deloitte, Grant Thornton, Danske Bank.
Chambers Europe 2014 Guide - Restructuring and Insolvency

 

Holmes O’Malley Sexton... is advising the receiver in a High Court case challenging a legislative repeal. Ulster Bank and Bank of Ireland are also clients.
Legal 500 EMEA 2013 - Insolvency and Corporate Restructuring
 

THE FIRM This Limerick-based firm advises parties on all sides of restructuring and insolvency situations. Areas of expertise include receiverships, personal bankruptcy, enforcement of security and examinerships. The team is instructed by the likes of BDO, Grant Thornton, Bank of Ireland and Ulster Bank.
KEY INDIVIDUALS Managing partner Harry Fehily is an accomplished commercial litigator. He regularly advises receivers, liquidators, examiners and distressed companies. 
Chambers Europe 2013 Guide  - Restructuring and Insolvency

 

Contacts

Siobhán Reidy

Solicitor

T: +353 61 445506

E: siobhan.reidy@homs.ie

Ailbhe Storan

Solicitor

T: +353 1 6768928

E: ailbhe.storan@homs.ie

Harry Fehily

Managing Partner

T: +353 61 445512

E: harry.fehily@homs.ie

Lorraine Power

Solicitor

T: +353 16 768928

E: lorraine.power@homs.ie

Pat McInerney

Solicitor

T: +353 61 445507

E: pat.mcinerney@homs.ie

Pauline McNamara

Solicitor

T: +353 61 445 595

E: pauline.mcnamara@homs.ie

Lisa Killeen

Solicitor

T: 353 61 445508

E: lisa.killeen@homs.ie

Sandra Egan

Solicitor

T: +353 61445560

E: sandra.egan@homs.ie

Eadaoin Jackson

Solicitor

T: +353 61 445539

E: eadaoin.jackson@homs.ie

Michael Murphy

Solicitor

T: +353 61 445551

E: michael.murphy@homs.ie