Creditors Voluntary Liquidation

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Companies often incur financial difficulties for a number of reasons; industry change, macro/micro environmental changes or losses of key contracts / customers, to name a few.

In such circumstances, and where a company does not have a prospect of a future, the company needs to be liquidated and wound up.

A Creditors Voluntary Liquidation (CVL) is the winding up of a company by directors where the company is insolvent and has no reasonable prospect of a future.

A CVL enables a director to move on from a difficult position as a liquidator in a CVL will take responsibility of the company and managing its affairs and winding up through the liquidation process.

Our Creditors Voluntary Liquidation services

Expert Guidance

Assess the position with our experienced team by your side, providing comprehensive analysis of the options that will drive the process efficiently from start to finish.

Investigations

We conduct our investigations into the company to report to stakeholders as to the reasons for failure and also to identify and maximise any recovery options available.

Asset Realisations

Our experts will identify and recover all available assets through a robust process that will maximise returns to stakeholders as efficiently as possible.

Expert Guidance

Assess the position with our experienced team by your side, providing comprehensive analysis of the options that will drive the process efficiently from start to finish.

Asset Realisations

Our experts will identify and recover all available assets through a robust process that will maximise returns to stakeholders as efficiently as possible.

Investigations

We conduct our investigations into the company to report to stakeholders as to the reasons for failure and also to identify and maximise any recovery options available.

Get in touch

Nicholas O’Dwyer

Partner - Advisory

Contact Nicholas O’Dwyer Learn more about Nicholas O’Dwyer

Why Grant Thornton

Grant Thornton boasts a proven track record in successfully managing Creditor Voluntary Liquidations, offering tailored solutions to ensure the best outcome achievable.

Our experts have invaluable experience from working on some of Ireland’s largest liquidations across all industries, from single company liquidations to large corporate group winding ups.

Utilising this experience they will guide you through the process from appointment to the winding up / dissolution of the company.

Creditors Voluntary Liquidation

Our Creditors Voluntary Liquidation services

Why Grant Thornton

Get in touch with our Creditors Voluntary Liquidation experts