A board of directors may need to consider the winding up of a corporate entity by way of Members' Voluntary Liquidation (MVL) or solvent liquidation in a number of scenarios including but not limited to the following:
Grant Thornton is the leading provider of solvent liquidation services in Ireland. We have a dedicated team within our Transaction Advisory Services department specialising in the area of solvent liquidations. The team draws on their experience of dealing with large numbers of solvent liquidation appointments.
We provide an efficient total service advising on statutory winding up procedures and implementing the necessary steps to asset realisation and corporate dissolution.
Strategic options
Advising company directors on strategic outcomes in a winding up scenario. Drafting of relevant documentation.
Direct liquidator management
Direct liquidator management and control over corporate entities, their assets and statutory and tax requirements.
Creditor discharge
Agreeing and discharging outstanding liabilities. Management and control of payments.
Distribution of fund
Processing of shareholder distributions and liaising with shareholder service providers.
Project management
Project managing orderly wind down of balance sheet followed by dissolution of corporate structures.
Asset realisation
Realising assets and cash in conjunction with all key parties including investment managers, corporate services providers, legal and tax advisers.
Revenue and CBI engagement
Liaising with the Revenue Commissioners and the Central Bank of Ireland in relation to tax clearance on pre-liquidation tax affairs and regulatory revocation respectively.
Statutory administration
Filing of statutory documentation with the CRO, dissolution and removal from the companies’ register.
Strategic options
Advising company directors on strategic outcomes in a winding up scenario. Drafting of relevant documentation.
Project management
Project managing orderly wind down of balance sheet followed by dissolution of corporate structures.
Direct liquidator management
Direct liquidator management and control over corporate entities, their assets and statutory and tax requirements.
Asset realisation
Realising assets and cash in conjunction with all key parties including investment managers, corporate services providers, legal and tax advisers.
Creditor discharge
Agreeing and discharging outstanding liabilities. Management and control of payments.
Revenue and CBI engagement
Liaising with the Revenue Commissioners and the Central Bank of Ireland in relation to tax clearance on pre-liquidation tax affairs and regulatory revocation respectively.
Distribution of fund
Processing of shareholder distributions and liaising with shareholder service providers.
Statutory administration
Filing of statutory documentation with the CRO, dissolution and removal from the companies’ register.
Grant Thornton is the leading provider of Members’ Voluntary Liquidation (MVL) services in Ireland.
We have a dedicated team of multi-disciplinary professionals with deep experience in asset realisation and dissolution of:
Contact us today for a free and confidential consultation. We provide bespoke fee proposals and step plans to reflect the specific requirements of individual clients.
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