Receivership
In general, a receivership is a process that is put in place to protect a company. A period of receivership may be thought of as a protective umbrella for a troubled company
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Receivership forces a company which is in debt to obey the original loan agreement contract between it and its lender.
The lender will appoint a receiver to collect funds on their behalf. However, if there’s no money available, they may choose to release a business’s assets to repay debts that are owed.
Although it is mainly banks that have used this method to recover debt owed to them, receivership can also be used as a last resort procedure for other lenders.
Avoid Going into Receivership
We understand how the threat of receivership can take your company out of your control during what will already be a very stressful situation.
At Gibson & Associates, we can help you avoid going into receivership. Our highly experienced team of insolvency solicitors will explore alternative solutions that will better protect your company’s assets.
We’ll work to help your business secure a debt repayment method that focuses on the success of your business – as well as the repayment of your debt.
Don’t delay, please call us now on +353 (0)1 264 5555 or complete our Online Enquiry and we’ll be delighted to help you.
BUSINESS DEBT & FINANCE INCLUDES the following:
Asset Protection
Accumulating assets in business takes a huge amount of time and effort. That’s why it makes sense to strategically protect them, keeping them safe from any turbulent times ahead.
Insolvency
If your company is facing insolvency or bankruptcy, we are aware of just how much is at stake. That’s why our highly experienced insolvency solicitors will go above and beyond to get you the best possible result for your company.
Examinership
If your company is in financial trouble, Examinership can give you the breathing space you need to get your business back on track without the fear of being made insolvent by your lenders.
Receivership
Receivership forces a company which is in debt to obey the original loan agreement contract between it and its lender.
Liquidation
Liquidation allows you to wind up your business, repay any debt and keep any leftover assets.
Whether you’re facing voluntary or involuntary liquidation, our experienced insolvency and bankruptcy solicitors will help you get the best result for you and your business.
Attorney Paymaster
At Gibson & Associates, we offer a high quality commercial escrow service that makes transferring funds between parties straightforward, time efficient and legally sound. The service, also known as an attorney paymaster service, gives you the peace of mind you need.
Business Sale, Acquisition & Mergers
If you’re buying, selling or merging a business, Gibson & Associates can help make sure your transaction goes through seamlessly.
Receivership our team is here to help you no matter where in Ireland you’re based.
With offices in Dublin and Letterkenny, and associates around the country, we’re perfectly positioned to help you whether you live in Dublin, Galway, Cork or Donegal or anywhere in between.
what our clients say…
I received an excellent service from Oliver and his administrative staff, especially Clodagh O’Donnell. It was my pleasure to do business with you all. Many thanks.
Martin Burke, Finglas, Dublin 11
Gibson & Associates acted for me in the purchase of my first home. I found the service offered to be first class and would highly recommend this firm to my friends and colleagues.
Tony Gillespie, Strabane, Co. Tyrone
I would have no hesitation in recommending Gibson & Associates Solicitors to any person who needs a good professional team to represent them on any legal matter. The team was courteous at all times.
Leigh Howard, Dublin
I would recommend Gibson & Associates Solicitors to my family and friends. My solicitor kept me updated regularly and was courteous and professional at all times.
Kim Nolan, Dublin
OUR EXPERTISE
Gibson & Associates is one of Ireland’s leading law firms. No matter your situation, our team will use their experience to make sure that you benefit from the best possible outcome.
OUR ETHOS
We put our clients at the heart of everything we do and work tirelessly to get the best results.
We treat clients and each other the way we’d like to be treated and for us “good enough” just isn’t good enough!
WE’RE FAST & RESPONSIVE
When you make contact with our team, you’ll hear back from us within 3 hours or less – that’s our promise.
WE USE CLEAR, SIMPLE LANGUAGE
We don’t try to impress with “legalese” and jargon. We use clear, plain language.
WE GIVE YOU A DEDICATED POINT OF CONTACT
The person responsible for your case will never change. You’ll be assigned a dedicated point of contact who will take charge of your case from start to finish.
OUR TRANSPARENCY
At Gibson & Associates, we’re clear about our processes and transparent when it comes to costs. Before progressing any case, we offer a no-obligation consultation with our client care team and will provide you with practical options. Integrity and transparency are core to how we work with all of our clients and means we’ll always treat your case as if it was our own.
Call us now on +353 (0)1 264 5555 or complete our Online Enquiry and we’ll be delighted to help you.