Barry McGouran

SENIOR ASSOCIATE
Barry is a Senior Associate in the Restructuring & Insolvency team.

He specialises in corporate restructuring and insolvency matters; with a particular emphasis on acting for Insolvency Practitioners, Directors, creditors, lenders and borrowers cross the full spectrum of insolvency matters and disputes. Barry has significant expertise in advising on pre-packaged administration sales, interim insolvency applications, lending disputes including LPA and Fixed Charge Receiverships and antecedent transactions.

 

Barry advises Insolvency Practitioners regarding all aspects of corporate and personal restructuring and insolvency mandates; including:

 

• Administration

• Liquidation

• Company Voluntary Arrangements

• LPA and Fixed Charge Receiverships

• Financial Restructuring

• Schemes of Arrangement

• Bankruptcy

• Individual Voluntary Arrangements

 

Barry also advises lenders and borrowers on the enforceability of financial documents, including drafting finance and security documents (including demands) where relevant.

 

Barry also represents directors, creditors and other stakeholders in commencing or defending insolvency disputes. He joined Edwin Coe in May 2023.

EXPERIENCE
Barry’s experience includes:
Appointing administrators under Paragraphs 14 and 22 of Schedule B1 to the Insolvency Act 1986, including in-court applications for Administration Orders on behalf of creditors and directors.
Acting for a consortium of unsecured creditors in applying for Administration Orders over a multi-million pound property investment group.
Successfully applying to rescind a winding-up order made against the English registered parent company of a gold mining group of companies in Africa, resulting in the company successfully exiting liquidation after several months.
Pre-packaged administration sales; including drafting all necessary sale and security documentation for both sellers and buyers.
Advising a security trustee in respect of its obligations to bondholders and investor creditors regarding a foreign exchange and commodity trading platform defaulting on its payment obligations.
Security and validity of appointment reviews concerning administrations and LPA Receiverships.
Converting administrations to compulsory liquidations and a variety of interim insolvency applications as appropriate to progress corporate insolvencies.
View all insights & events
09/10/2024
Appointing an administrator of an FCA or PRA regulated entity under paragraph 22 of Schedule B1 of the Insolvency Act 1986: avoiding the pitfalls
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24/06/2024
The court’s jurisdiction to wind up company and benefits to Insolvency Practitioners
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