Corporate Recovery Services
"Keogh Somers can guide you in restructuring your company to create a stable business and to achieve future growth."
Shane Somers, Audit & Assurance Services Partner
Keogh Somers recognize that the line between success and failure in business can be a fine one. It is a fact of commercial life that companies will run into financial difficulties and can ultimately collapse and be placed under the control of examiners, receivers or liquidators and we have extensive experience of acting in these capacities.
Restructuring
The primary objective within any financial restructuring is to ensure the continuation of your business. All vested interests such as financial institutions, creditors, government and members have a common purpose to maintain operations and a desire to resolve the situation. Whether our clients are stakeholders or lenders, we establish, implement and monitor key financial and organizational solutions to enable the business to adapt to changing local and global economic conditions. Our Corporate Restructuring team draws on its wealth of experience and knowledge to develop innovative solutions to our clients´ most complex problems.
Examinership
Sometimes, the problem may be too far advanced or outside the control of the company. The Examinership process can bring about the re-organisation required in such situations by providing the necessary time, under the protection of the courts, to devise and implement a recovery strategy to the mutual benefit of all stakeholders.
Receivership
The Receivers primary responsibility is to maximise the return for lenders holding security over certain of the company’s assets. A Receiver can be appointed at the request of the Directors or by the charge holder and can provide an efficient mechanism to extract a charge holder while provide the possibility of disposing of an asset as a going concern.
Liquidation
Where recovery is no longer possible, our insolvency team can provide the necessary advice and assistance needed to guide stakeholders through the insolvency process.
Relevant experience
Shane Somers is the Partner with primary responsibility for the corporate restructuring department. Shane has extensive practical experience of all aspects of corporate investigations, reconstructions and insolvencies. Shane has dealt with all types of business but some of Shane´s more high profile experience, includes working with such companies such as:
- AST Ireland Ltd.
- USIT
- Ireland Line Cruisers Ltd.
- Diamond Engineering Ltd.
- GVM Exports Ltd.
- Cantier Construction Ltd.
For further information please contact Shane Somers:
- Shane Somers, Partner: Email - Shane Somers