Diploma in Insolvency Law & Corporate Restructuring

Programme objectives

On completion of this training programme, participants will be able to:

• Demonstrate a clear understanding of insolvency and corporate restructuring;
• Describe specific insolvency procedures such as liquidation, examinership and receivership;
• Explain particular corporate restructuring methods such as security assessment, debt restructuring and equity capital raising;
• Advise directors and shareholders in relation to distressed companies;
• Illustrate the legislative framework for bankruptcy and personal insolvency in Ireland;

Programme structure and approach to learning

This diploma course aims to provide a comprehensive practical overview of the current legislative framework in Ireland with respect to insolvency and corporate restructuring from an analysis of basic concepts of debt restructuring, to a consideration of more complex issues, such as financing considerations that may arise during the corporate restructuring process. The course will also delve into the effects of insolvency on companies in Ireland. It will examine in detail the obligations on the directors and the options for the company from initiating the corporate restructuring, to court procedures, to the enforcement of judgments.

The final module of the course will provide a practical knowledge of the practice and procedure of personal insolvency in Ireland including bankruptcy.

Modules

The programme is based on the following module scheme:

Module 1: Introduction to insolvency and corporate restructuring

• Insolvency Law in Ireland,
• Current trends in corporate restructuring,
• Lifecycle of a distressed company,
• Restructuring professionals.

Module 2: Liquidation, examinership and receivership

• Voluntary and compulsory liquidation,
• Powers of the liquidator,
• Receivership,
• Insolvency litigation,
• Examinership,
• Schemes of Arrangement.

Module 3: Restructuring, debt recovery, enforcement & mediation

• Debt restructuring and rescheduling,
• Financing a restructuring process,
• Equity capital raising,
• Debt recovery in court,
• Enforcement of judgments,
• Mediation.

Module 4: Bankruptcy and personal insolvency

• Personal Insolvency Act 2012,
• Debt resolution mechanisms,
• Insolvency Service of Ireland,
• Bankruptcy law practice and procedure.

Workshops

Workshops are interactive sessions that focus on group problem-solving and are designed to revise all modules covered to date and to consolidate the participant’s knowledge.

Assessments

Three-hour closed book written exam.

Who should attend?

This course is suitable for the following:

• Solicitors and trainee solicitors who are seeking to expand their knowledge in the area,
• Barristers who practice in the area of insolvency and debt recovery,
• Other suitably qualified professionals working in the area, who wish to expand their knowledge and practical application of corporate recovery.

We welcome applications from others who are suitably qualified. Please explain your interest and set out any relevant experience in a cover letter and a brief CV. Such applications are subject to a supplemental fee of €300.

Faculty

Lecturers and tutors will be drawn from solicitors, barristers and other professionals with expertise in insolvency law and corporate restructuring.

Previous lecturers have included the following:

• Joanne Cooney, Fieldfisher Ireland,
• Mark Woodcock, Fieldfisher Ireland,
• John Darby , Flynn O’Driscoll Business Lawyers,
• Bill Holohan, Holohan Solicitors,
• Kieran Wallace, KPMG,
• Gerard Ryan, Eversheds Sutherland,
• Clíodhna Walsh, Beauchamps,
• Ruairi Rynn, William Fry,
• Una Nesdale BL,
• John O’Keeffe, John O’Keeffe Solicitors,
• Clodagh McNamara, Clark Hill Solicitors,
• Jennifer Fay, Clark Hill Solicitors.

CPD

We have designed our courses to enable you to satisfy as much of your CPD requirement as possible. Time spent attending lectures and workshops in person or completing these via e-learning as part of your course can be claimed towards your annual CPD requirement. The number of hours of CPD that you may claim in relation to your diploma/certificate course will depend on the way in which you access each of the individual sessions. Please note that the limit for e-learning has been removed for the 2021 CPD cycle. For further information, visit the CPD scheme and download the CPD booklet.

The Diploma Centre team will host our annual CPD conference in November 2021. This complimentary event is a dedicated management and professional development skills and regulatory matters session. We will post an invitation on your Diploma Hub page later in the year.