Course Details

  • 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 discusses 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

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CPD Course Speaker

Friel Stafford

Tom Murray

Tom qualified as a Chartered Certified Accountant (ACCA) in 1997 whilst working with Chase Manhattan Bank. Tom has over 20 years experience in accounting and business roles.

He is one of Ireland’s most experienced corporate recovery and turnaround practitioners and was one of the first Personal Insolvency Practitioners licensed in Ireland.

He also is an experienced Corporate Financier with particular interest and expertise in the area of equity and debt fund raising, and the buying and selling of businesses.

He is heavily involved with the ACCA accountancy body and is a past President of ACCA Ireland. He represented ACCA Ireland at the ACCA International Assembly in 2011. He was nominated in January 2021 by ACCA to represent it on the the CCABI insolvency Committee.

He is authorised to act as a Personal Insolvency Practitioner by the Insolvency Service of Ireland.