Year: 2020

FOD

Scheme of Arrangements

9 July, 2020

The Scheme of Arrangement process is a very powerful tool that can be used by companies to restructure their debts and provides a cheaper alternative to examinership. It can also be used by companies to reorganise their group structure. Scheme of Arrangement – what is it? A Scheme of Arrangement is a procedure under Chapter […]

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Going Concern Considerations

2 July, 2020

Presumption of carrying on business as a Going Concern Paragraph 11 of Schedule 3 of the Companies Act 2014 (the “Act”) provides that the amounts to be included in the financial statements of a company are to be determined in accordance with accounting principles set out in Paragraphs 12 to 17 of Schedule 3 of […]

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Introduction to Practical Completion

5 June, 2020

What is practical completion? Practical completion is vitally important in construction projects. It is a landmark in works which represents handing over of possession of a site and the transfer of insurance liability from the contractor to owner. Further, when practical completion is achieved, this often triggers the release of retention monies and any other […]

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Flynn O’Driscoll Wins Two Awards in The Finance Dublin Deals of the Year Awards 2020

12 June, 2020

• Flynn O’Driscoll has won two Deals of the Year Awards 2020, awarded by Finance Dublin • Flynn O’Driscoll’s wins arise from its work on major deals in the corporate sector David Ryan, Corporate & Commercial Partner, Flynn O’Driscoll, said: “Delighted for all of the hardworking team at FOD to be nominated and win two […]

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Contracts and Litigation, post Covid-19, a new dawn?

4 June, 2020

Yards of column inches and numerous journals have been devoted to coverage of this pandemic and the correlating restrictions which are having a serious effect on the ability of many businesses to perform their contractual obligations. Such obligations can be for the delivery or receipt of goods or services ordered prior to the Covid 19 […]

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