About

Provided by William Fry LLP

The William Fry expanding Insolvency & Corporate Restructuring team provides a comprehensive service on all aspects of insolvency, corporate and debt restructuring and personal bankruptcy.  The team has been involved in Ireland’s most significant insolvencies and related cases in recent times including:

  • advising Ballantyne Re plc on an Irish law scheme of arrangement to restructure US$1.6bn of New York law governed notes.
  • acting for Naval Energies SAS in petitioning the High Court for the appointment of Joint Liquidators to the OpenHydro Group and resisting a petition for examinership presented by certain minority shareholders;
  • advising NAMA appointed receiver, Declan MacDonald of PwC, in defence of proceedings issued by a property developer; 
  • acting for the Karen Millen Group in its acquisition of certain Coast assets from the provisional liquidator of the Irish entity following administration of the parent;
  • advising EY as the Joint Administrators of Nortel Networks (Ireland) Limited

Our team has specific experience in aviation, manufacturing, retail, financial services, technology and property-based businesses. We use our experience to design and implement innovative commercial solutions in this complex field.


    Chambers Review

    Provided by Chambers
    Restructuring/Insolvency - Ireland
    1
    Band 1
    What the Team is Known For

    William Fry houses a highly respected team which offers extensive experience and technical knowledge in restructuring and insolvency cases. The law firm advises domestic and multinational creditors as well as debtors and their subsidiaries. The leading team is also knowledgeable in solvent liquidations. William Fry additionally represents examiners, administrators and receivers in a variety of mandates, including litigation and enforcement proceedings.

    Work Highlights

    Provided by William Fry LLP
    • A William Fry team advised an ad hoc group of bondholders led by Attestor Capital on securing orders for the liquidation of Russian state-owned and internationally sanctioned GTLK Europe Capital and its parent, GTLK Europe.

    Strengths

    Provided by Chambers

    Notable Practitioners

    Provided by Chambers
    Fergus Doorly
    1
    Fergus Doorly
    1
    Band 1

    Fergus Doorly frequently acts on restructuring processes, often representing debtors and insolvency practitioners.

    "Fergus Doorly is very highly experienced and hard-working in his clients' interests."

    "He is commercially very smart."

    Ruairi Rynn
    2
    Ruairi Rynn
    2
    Band 2

    Ruairi Rynn is noted for his work on liquidation processes, examinership proceedings and schemes of arrangement.

    "Rynn and team worked well together. They are experienced and are good at strategising where a case goes."

    Ranked Lawyers at
    William Fry LLP

    Provided by Chambers
    Filter by
    Band

    Ireland

    Restructuring/Insolvency

    Fergus Doorly
    1
    Fergus Doorly
    1
    Band 1
    Ruairi Rynn
    2
    Ruairi Rynn
    2
    Band 2

    Members

    Provided by William Fry LLP

    Deirdre Murphy

    Niamh Cacciato

    Ruairi Rynn

    Clients

    Provided by William Fry LLP

    Airplanes Holdings Limited

    Allied Irish Banks plc

    BDO Ireland - David O'Connor and Jim Hamilton

    Bank of Ireland

    Bibby Financial Services (Ireland) Limited

    Close Invoice Finance Limited

    DCNS - Openhydro

    Debenhams Group

    Deutsche Bank / Havbell

    Duff & Phelps - Declan Taite

    Ernst & Young - David Hughes & Alan Bloom & Luke Charleton

    Grant Thornton - Aengus Burns and Stephen Tennant

    Irish Bank Resolution Corporation (In Special Liquidation)

    KPMG - Kieran Wallace

    McStay Luby - Jim Luby and Tom Rogers

    Myles Kirby of Kirby Healy

    National Asset Management Agency (NAMA)

    Neil Hughes of Baker Tilly Hughes Blake

    PK Airfinances S.a.r.l and DVD Bank SE

    PWC - Declan McDonald as Receiver of Treasury Holdings Co

    Pepper Financial Services Limited

    RSM Ireland - George Maloney

    Industries

    Provided by William Fry LLP

    Aerospace & Defence

    Banks

    Commercial & Professional Services

    Construction & Materials

    Consumer Product Manufacturing

    Energy

    Financial Services

    Food & Drink Producers

    Government

    Health Care

    Insurance

    Media

    Pharmaceuticals & Life Sciences

    Private Clients / Individuals

    Real Estate

    Real Estate Finance

    Retail

    Software & Computer Services

    Sports

    Technology, Hardware & Electronics

    Travel & Leisure