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There are two main methods of liquidating a company, namely voluntary liquidation and compulsory liquidation. There are two sub-divisions of voluntary liquidation, breaking down into member’s voluntary liquidation and creditor’s voluntary liquidation. A member’s voluntary liquidation can be used when the company is solvent and the members of the company decide to wind up theRead more

Examinership is Ireland’s formal corporate recovery mechanism in Ireland.  It is similar to the US Chapter 11 and the UK Process of Administration (Leeds United).  This is a formal process to restructure the debts of an Irish Company under the protection of the High Court for up to 100 days.   Normally the High Court grantsRead more

The new Legal Services Bill has heralded an already acknowledged intent by the powers that rule the taxation of Solicitors’ costs to move toward billable hours.  theTaxing Master has already indicated that he requires a note of the hours recorded and of the time spent with the obvious inference that a calculation will be carriedRead more

This time last year, we were hanging out on the Common in the sunshine, encouraging each other and slowly and calmly building up to the start of a fantastic day. The fundraising was done, almost 4,000 collected for the hospital, all that remained was the 26.2 miles around London in glorious weather with fantastic crowds,Read more

It is advisable when entering into business with any other person, whether it be through the medium of a limited company or a partnership, to have an Agreement setting forth the duties and obligations expected of each of the Directors. This document will set forth the expectations which both parties have of each other whenRead more

The Boston Marathon. One of the most epic inspiring marathons in the world. I’ve never run it, although I’ve always wanted to. Since I metamorphosed from a large rugby front row forward who moved around the park like a rhinoceros at war, to an elephant rampaging in a straight line seeking water, I’ve wanted toRead more

Unfortunately, in the current economic climate, it is a very difficult time for all businesses and a proportion of those must inevitably make the difficult decision to cease trading.  When one is ceasing trading as a Limited Company, there are a number of important considerations to bear in mind. One of the main advantages ofRead more

You can do anything you want to do in life; you just can’t do everything.You and I have free will. We have virtually unlimited choices. But you don’t have unlimited time. So you can do anything, just not everything. You must choose. As you choose what to do, you also choose what not to do.Read more

Terms and Conditions are very important for all businesses, and particular care must be taken both when drafting them, using them, and having your staff comply with them. For example, the disclaimers of liability on the eBay site include a limitation for eBay not to have to pay any damages or losses for a rangeRead more

The Communications (Retention of Data) Act, 2011, came into force in January. The Act imposes an obligation on service providers to retain such data as specified in the Schedule for periods of two years and one year respectively. Data is defined in the Act as meaning traffic data or location data, and the related dataRead more