CPDStore Ireland

The number of companies entering into a Creditors Voluntary Liquidation have been artificially low in recent years as a direct consequence of a strong economy and the pandemic.

Rising interest rates, increased utility and energy costs and the impact of warehousing biting is all contributing to an increase in the number of companies facing and entering liquidation.

Accountants may be required to advice clients on  

• When to consider liquidation 
• the legal issues for company directors of companies facing insolvency.
• process of placing a company into liquidation
• the role of the liquidator
• implications for their future work life

Accountants will have an in-dept knowledge of the process from start to finish enabling them to guide clients in a comprehensive manner through the process.

In this session Tom Murray will discuss the following topics: 

• The do’s and don’t’s Directors of company facing insolvency.
• Process for placing a company into CVL’s
• The Creditors Meeting
• Dealing with a Liquidator 
• Implications of liquidation for Directors going forward

By attending this session you will understand the whole process and implications of creditors voluntary liquidations for your clients and guide them comprehensive manner through the process.

This session will be of most interest to Accountants in practice advising companies and business owners and Business Owners themselves.

Course level: Intermediate