Our Insolvency and Restructuring Department works closely with our clients to find practical and effective solutions and provides advice on all aspects of corporate insolvency, personal insolvency and corporate restructuring to include contentious, non-contentious and cross border insolvency law matters.
We act for a multitude of high profile financial and insolvency practitioners, as well as other stakeholders in relation to examinerships, receiverships, liquidations, corporate insolvency, personal insolvency and bankruptcy, tackling complex matters in a cost efficient, and effective manner.
The Insolvency and Restructuring Department has advised court appointed liquidators in nearly one hundred Official Liquidations and advised the various stakeholders (directors, shareholders, creditors and banks) in many more. We have also advised many liquidators in relation to their powers and duties in creditors and members voluntary liquidations, as well as representing the usual stakeholders in respect of their entitlements.
McDowell Purcell is one of three firms on the panel of lawyers for the Insolvency Service of Ireland which manages all of the countries bankruptcies through the Official Assignee (OA). The team currently manage nearly one hundred cases of varying complexity for the OA.
In addition, the Insolvency and Restructuring Department is highly regarded for its work acting on behalf of a number of Ireland’s principal lending institutions in relation to the appointment of receivers, debt and asset recovery. We advise on the perfection and enforcement of security and where necessary, prepare strategies to protect our institutional clients’ interests.
The department regularly works in multi-disciplinary teams with other practice areas of the firm, including the Corporate and Commercial, Commercial Property, Banking and Finance, Employment, and Litigation and Dispute Resolution Departments. Additionally, we work closely with specialist accountancy firms to ensure our clients are receiving comprehensive and practical advice.
Our Insolvency and Restructuring lawyers are members and sit on various committees of both the Irish Society of Insolvency Practitioners (ISIP) and INSOL Europe, the professional associations for Irish and European restructuring and insolvency specialists respectively.
CHAMBERS EUROPE 2018
Mark Woodcock of McDowell Purcell Solicitors is an experienced practitioner with a strong reputation for advising banks and insolvency practitioners on receiverships, examinerships and liquidations. He is also well placed to assist with contentious matters, acting against defaulting borrowers and syndicated property companies. One client notes: “He is someone that I would trust to advise any directors or shareholders of distressed companies.” This source adds: “His manner is very approachable and friendly which helps to put people at ease.”
LEGAL 500 EMEA 2018
Partner Mark Woodcock ‘adopts a hands-on approach’.
CHAMBERS EUROPE 2017
Mark Woodcock of McDowell Purcell Solicitors is “a fearsome litigator,” according to sources, who say that he offers the “perfect blend of sharp technical skill sets combined with a very tough negotiating style.” Of late, he assisted Toomey Leasing Group with the insolvency of Appleyard Motors.
LEGAL 500 EMEA 2017
The ‘very experienced’ Mark Woodcock leads the team at McDowell Purcell, which handles contentious matters for clients such as the Bank of Ireland. Mark Woodcock is ‘a great negotiator of insolvency disputes’. The team is particularly well regarded for its regulatory work.
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