Making an Examinership Lite Application in the Circuit Court
This is an intensive, “how to” one-hour Webinar on all that’s new on Making an Application for Examinership Lite in the Local Circuit Court
Seminar Objectives
This seminar is expressly designed to be 100% practical, to teach you all you need to know about Examinerships and Liquidations.
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Learn the new Circuit Court Procedure
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The Threshold Requirement
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The consequences of failing to secure court approval?
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Creditors Rights, The “Unfair Prejudice” Test
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Fees, how much will it cost?
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Learn how to really use those many “hidden” and underutilised procedures in Company Law to achieve better results in debt collection cases.
WHAT'S COVERED ON THIS WEBINAR:
Examinership Lite
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When, Why & How?
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First contact
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The viability test
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The Costs & Court Procedure
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Your chances of success?
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Consequences for creditors?
The New Examinership Law
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The Companies (Miscellaneous Provisions) Act 2013
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The Section 2 Provisions
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Who is eligible to apply?
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Creditors rights?
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Access to the independent accountants report
Appointment Procedure
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The duty to act in utmost good faith
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Who can act as an Examiner
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The proposed new “Independent Expert”
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How to deal with group companies
Powers of the Examiner
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Repudiation of contracts, disclaiming onerous leases
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Negative pledge clauses
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Creditors withholding possession of property and documents
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Incurring certain liabilities
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Examiners power to deal with charged property
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Statutory reports
The scheme of arrangement
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The statutory provisions
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Appointment of creditors committee,
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Presenting proposals to creditors
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The voting arrangements
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The confirmation hearing
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Dealing with objections
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Obtaining court approval
Insolvency: the Basics Explained
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The definition of insolvency
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The role of the insolvency practitioner
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The effect of formal insolvency on:
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*The Debtor
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*The Creditor
Date: 22nd September 2014
Time: 1pm - 2pm
CPE Credit: 1 Hour
Members: Make sure you put your membership number in the attendee field when booking, to ensure that you receive the CPE Credit.