ODCL, O’Donovan Caulfield Lavin Corporate Finance and recovery Department says that it is seeing on a daily basis the effect that the current global economic crisis is having on small to medium business.
This crisis, according to Richard Maguire, Corporate Recovery partner, is forcing enterprises to reassess their trading situation and their future financial prospects.
“Any decisions reached will have a significant influence on the eventual survival or otherwise of the enterprise together with the exposure of directors to personal liabilities.
Richard adds that; “the team at ODCL endeavours to give appropriate professional advice and decide on relevant strategies for companies. The team is ready to assist directors and companies in determining the critical factors by outlining appropriate courses of action and advising directors of their responsibilities. If individuals are worried about their personal circumstances or circumstances surrounding the future prospects of their company, the team at ODCL can help”.
Richard Maguire is a Corporate Recovery Partner at ODCL and can be contacted at 061-411000 or Richard @odcl.ie
