Our Experience

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RECENT SIGNIFICANT EXPERIENCES INCLUDE

Acted for UK based purchasers of a major industrial group of companies for consideration in excess of €45 million.  This required our involvement in the negotiation of the original deal and the completion of extensive legal Due Diligence.  It also required on-going advice post –completion of the transaction surrounding the integration of the target company into the purchaser’s existing group structure.

 

Acted for vendors of a private limited company who sold out to an overseas based international investor for a sum in excess of €16 million.

 

Successfully prepared and pursued an application in the High Court claiming oppression of a minority shareholder in a private limited company leading ultimately to the appointment of a Liquidator and to the distribution of the companies’ assets, thereby ensuring the return of the minority shareholder’s investment.

 

Advised the management of a large multi-national corporation on the winding down of its Irish Operations.  In particular we advised on the drafting of a comprehensive phased closure and redundancy programme for staff and the negotiation of same with Trade Unions and employee representatives under the auspices of the Labour Court.

 

Successfully defended an application against a client company seeking its winding up by a creditor brought pursuant to Section 214 of the Companies Act 1963 for non-payment of an alleged debt following a hearing over two days in the High Court.

Advised a major industrial support company in the preparation and implementation of a staff reduction and redundancy programme involving in excess of 160 employees.  This required protracted negotiations with Trade Unions and employee representatives and the Labour Relations Commission.

 

Advised a major construction company in drafting its business plan for the National Assets Management Company (NAMA) and assisted it in negotiating the renewal of new working capital facilities.

 

Represented the partners of a leading accountancy practice in complex disciplinary proceedings brought against them by their regulatory body claiming a technical of their governing rules.  Many of the charges were dismissed and a nominal fine was imposed following a lengthy oral hearing.

 

Successfully represented a prominent businessman in the defence of High Court bankruptcy proceedings brought against him.  We secured the withdrawal of these proceedings consequent to our argument that his COMI or Centre of Main Interest had been successfully established in an overseas jurisdiction.

  

 

Michael Powell Solicitors

Directions

We are strategically located in Cork's Central Business District opposite City Hall and adjacent to the Clarion Hotel.  There is on street disc parking or the Clarion Hotel Car Park.

  Our Address: 
5 Lapps Quay
Cork DX 2104
        Hours of Operation:
Mon. to Fri. 9am to 5.30pm
Tel: 021 4270451 Fax 021 4270454