Department

Restructuring & Insolvency Checklist

Questions to anchor an early-stage distress review — solvency, liquidity options, director restrictions and security enforceability.

How do you typically assess a company's solvency position in the early stages of financial distress?

What legal tools or mechanisms are available to help a company manage short-term liquidity challenges?

What are the restrictions under Irish company law on loans to directors?

How do you approach identifying and assessing the enforceability of existing loan and security arrangements?

Think about what you expect to find in a business. Buildings? Employees? Sales? Goodwill? Debts? Profits?

Is the company solvent? Are assets greater than liabilities?

What is the intangible asset that arises when one company acquires another and pays more than the fair value of its net identifiable assets?