Restructuring

We provide innovative, solution focused advice to our clients on both contentious and non-contentious corporate restructuring and insolvency.

Our knowledge, experience and willingness to go that extra mile for our clients is what sets us apart. We provide bespoke solutions to companies in financial difficulty and to their directors in respect of all aspects of restructuring and insolvency law.

Our strength is our teamwork. The team can avail of the specialist experience of our colleagues across our banking and finance, corporate, employment and real estate groups to offer multifaceted advice and complete solutions to our clients in respect of all aspects of restructuring and insolvency law. The team regularly deals with complex Irish and multi-jurisdictional distressed situations, having acted for many of the world’s largest banks, investment funds as well as Ireland’s leading insolvency practitioners. The team had been heavily involved in a number of significant assignments arising from the impact of Covid-19. Our team advises both public and private bodies on restructuring options and on the impact of liquidation, receivership, examinership and schemes of arrangement.

Clients seek our advice across the following legal areas:

  • Business restructures and corporate recovery
  • Arrangements with creditors
  • Company dissolution and liquidation
  • Receiverships
  • Examinerships
  • Court liquidations

Related Sectors

Related Services

Recent Work

  • Providing advice on a full range of corporate recovery and restructuring assignments to corporate groups, financial institutions and insolvency practitioners in relation to:
    Domestic and cross border insolvencies;
    Debt restructuring and revised security packs;
    Security review and enforcement;
    Asset and debt recovery;
    Work-outs and rescues;
    Bankruptcies and voluntary schemes of arrangement; and
    Receiverships, liquidations and examinerships.
  • Advising a group of companies on effective restructuring measures and implementing a series of voluntary strike-offs, mergers by absorption and a group wide restructure.
  • Acting on behalf of liquidators in court proceedings including applications for the disqualification of directors including successfully defending the director of a large contracting company from a restriction order application.
  • Advising a multinational company in relation to the impact of an Irish insolvency on consents, bonds and permissions held by an Irish company providing security to the multinational.
  • Advising a state body on the impact on it of the examinership of a contracted group of companies in the pharmaceutical sector and achieving a significant return for it.
  • Acting on behalf of the shareholders in a corporate restructure of a promotions company relating to an internationally renowned music and arts festival.
  • Advising a Plc on a cross border examinership securing unique co-operation between the Irish and English courts and resulting in the first ever successful applications for:
  • Court protection for an insolvent UK company under the Irish Companies Acts; and
  • The dismissal of a winding-up petition in the UK based on a letter of request from the Irish High Court and under the Cross Border Insolvency Regulations.
  • Advising a grant authority in relation to threatened liquidation and dissolution of beneficiary companies in receipt of significant state funds.
  • Effecting a restructure of a group of companies in the not for profit sector by way of a number of mergers by absorption under the Companies Act 2014.
  • Merging two groups, releasing and re-taking security, converting debt to equity, procuring shareholder / director exit and undertaking various Summary Approval Procedures across the group structures.
  • Implementing new holding company structure for a group of companies.

Key Contacts

Excellent firm, totally solutions and client focused. Very committed on transactions and very commercial and problem solving. Highly recommend the firm.
Legal 500, 2023
The Philip Lee team’s strengths that differentiate them from other legal firms we deal with include their focus on providing comprehensive service to the client that is delivered in a comprehensive, practical and cost effective manner.
Legal 500
They take a very client-centric approach, are very responsive and have a great depth of Knowledge
Legal 500
Excellent firm, totally solutions and client focused. Very committed on transactions and very commercial and problem solving. Highly recommend the firm.
Legal 500, 2023