Corporate Restructuring and Insolvency
Helping Irish Businesses Navigate Financial Difficulty
When a business faces financial pressure, early professional advice is critical to protect company directors, preserve value and maximise recovery for stakeholders.
At RBK, our Corporate Restructuring & Insolvency team engage with company directors, lenders, and professional advisers to stabilise businesses, restructure debt and deliver practical solutions in times of financial distress.
With over 65 years advising Irish businesses, our experienced team provides commercially focused advice and solutions that assists companies recover where possible or wind down efficiently where appropriate.
When Should You Seek Restructuring & Insolvency Advice?
Many businesses seek advice too late. Early intervention significantly increases the chances of recovery.
You should consider speaking to a restructuring adviser if your business is experiencing:
- Persistent cashflow pressures
- Revenue debt or tax arrears
- Increasing pressure from creditors
- Loan covenant breaches
- Declining margins or trading losses
- Threat of legal action or winding-up proceedings
In Ireland, most insolvencies involve SMEs, highlighting the importance of early restructuring advice for owner-managed businesses.
Our Corporate Restructuring & Turnaround Services
RBK provides independent, commercially focused advice across the full lifecycle of financial distress. Where a business is fundamentally viable but experiencing financial pressure, we support restructuring and turnaround strategies to help stabilise operations and return to profitability.
Our services include:
- Independent Business Reviews (IBR)
- Financial restructuring
- Operational restructuring
- Cashflow management
- Stakeholder negotiations
- Distressed M&A advice
Our focus is to preserve enterprise value and protect jobs wherever possible.
Corporate Rescue Processes
Where a company is insolvent but has a viable underlying business, formal rescue processes may be available.
The RBK Restructuring & Insolvency team advises companies and stakeholders on:
- Examinership
- SCARP – Small Company Administrative Rescue Process
- Schemes of Arrangement
- Informal restructuring agreements
Examinership provides court protection from creditors while a restructuring plan is developed, allowing the company to continue trading and restructure its debts.
Formal Insolvency Services
Where a business is no longer viable, an orderly wind-down may be required.
RBK can act as insolvency practitioners in:
- Creditors’ Voluntary Liquidation (CVL)
- Court Liquidations
- Receiverships
Our team works with directors and creditors to ensure the process is handled efficiently, transparently and in accordance with all statutory requirements.
Members’ Voluntary Liquidation (MVL)
A Members’ Voluntary Liquidation (MVL) is a solvent liquidation process used when a company has sufficient assets to pay all creditors in full but the shareholders wish to close the company and distribute the remaining assets.
This process is commonly used where:
- A business owner is retiring
- A company has ceased trading but retains surplus cash or assets
- A corporate structure is being simplified or reorganised
In certain circumstances, distributions to shareholders may qualify for capital treatment and reliefs such as Entrepreneur Relief or Retirement Relief, which can make the MVL process a tax-efficient method of extracting value from a company for its owners.
The RBK Restructuring & Insolvency and Tax teams works closely together to guide shareholders through the MVL process and ensure the company is wound down efficiently and in full compliance with statutory requirements.
Who We Work With
Our Corporate Restructuring & Insolvency team advises a wide range of stakeholders and their advisors involved in financially distressed situations.
- Company Directors: Providing advice on restructuring options and directors’ duties.
- Lenders & Financial Institutions: Independent reviews, restructuring advice and enforcement support.
- Creditors: Maximising recovery in insolvency situations.
- Professional Advisers: Working alongside solicitors, accountants and investors.
Our Approach
At RBK we believe restructuring advice should be practical, transparent and commercially driven.
Our approach focuses on:
- Early assessment of the financial position
- Stabilising the business and protecting value
- Developing realistic restructuring options
- Implementing the most appropriate solution
Every situation is different, and we tailor our advice to the specific circumstances of each business.
Market Insight
Corporate insolvency activity in Ireland remains significant.
Recent market data shows:
- 812 insolvency appointments were recorded in 2025
- Receiverships increased by 30% year-on-year
- Court liquidations increased by 58% due to creditor enforcement activity in particular the Revenue Commissioners.
This current environment highlights the importance of early restructuring advice for businesses experiencing financial pressure.
