Insolvent companies often hold a large volume of personal data, such as customer lists or user data. Who is responsible for this information? Recently, the Irish High Court decided a case concerning the transfer of patient records from a private hospital in liquidation.
Ireland, Insolvency & Restructuring, IT & Data Protection, Litigation, Mason Hayes & Curran LLP, Information privacy, Personally identifiable information
Introduction
Fixed and floating charges – why are they important?
They give a lender a higher position in the queue for the net proceeds of a borrower’s assets in the event of a borrower’s insolvency.