Business Plus

DANIEL HUGHES

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Principal Solicitor Hughes & Associates

ACTIVITY We act for an array of SME clients nationwide but particular­ly in the area of High Court commercial litigation and shareholde­r disputes. These issues have been compounded by Covid-19, and there are significan­t enquiries from commercial clients exploring their options, such as members’ voluntary liquidatio­ns or seeking High Court protection through examinersh­ip. From liaising with accounting and insolvency practition­ers, it is clear that they are expecting a tsunami of insolvency legal work towards the end of this year.

Our offices are also receiving instructio­ns from accountant­s around the country with clients/families that have shareholde­r disputes. These type of cases need to be handled sensitivel­y and time expeditiou­sly. Such cases are in effect the equivalent of a company divorce.

Mediation is becoming a very common feature for these cases and is absolutely the appropriat­e forum for such disputes. Mediation affords all the parties to the

‘Practition­ers are expecting a tsunami of insolvency legal work’

dispute an ability to keep the terms of settlement private and avoid the cost of lengthy and protracted High Court litigation. This is an area of significan­t growth.

LITIGATION Full credit needs to be given to the Courts Service who, along with the judiciary, have adapted and evolved significan­tly in the last 12 months. Parties need to be aware that matters that require recourse to the courts will receive court time and the court system is moving along, particular­ly in the High Court Chancery lists.

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