Members Voluntary Liquidation [MVL]

A members voluntary liquidation procedure can be applied where the directors/shareholders of the company decide to close the company. A members voluntary liquidation [MVL] applies where a company is solvent and is able to pay off its debts. The reasons

Company Liquidations in Ireland

Company liquidations in Ireland have been headline news for all too long in Ireland. However statistics released by indicate that the trend is starting to decline with the number of insolvencies reducing by 20% in the first quarter of

Liquidation Process and Procedure

The liquidation process, also called a winding up procedure, results in the company ceasing to trade and being legally dissolved. The process of liquidation does vary depending on the type of liquidation but can be summarised as: Company ceases to