Our Corporate Recovery team has substantial experience and expertise in the specialist area of Members’ Voluntary Liquidations (MVL).
Over the past 10 years we have taken on in excess of 500 MVL appointments including a significant proportion of appointments in the Financial Services Sector and have distributed in excess of eight billion euro to shareholders and investors.
We regularly assist and advise clients through all stages of the MVL process including pre-planning (operational, financial, taxation), business wind down, pre-liquidation steps and procedures and conducting the winding up of the company.
We are regularly appointed liquidator to regulated entities within the Financial Services Sector, including authorised fund companies and management companies, insurance and reinsurance companies and captives, authorised investment firms and MiFID authorised firms. We are therefore experienced working within the regulatory framework on a wide variety of regulated companies and working closely with contributors and the Central Bank of Ireland on de-authorisation processes.
We also have a substantial amount of experience winding-up Securitisation Special Purpose Companies working closely with both promoters and managed service providers in this respect.