ESMA Q&A on application of AIFMD
Asset Management & Investment FundsThe Front Page, Asset Management & Investment Funds: Upcoming approaching deadlines
Asset Management & Investment FundsThe Supreme Court has given leave to Permanent TSB to appeal the decision of the Court of Appeal in Permanent TSB plc v Langan [2016] IECA 229, which held that the Circuit Court had no jurisdiction to grant orders for possession of residential investment properties as they were "not rateable" under Section 15 of the Valuation Act 2001 (the 2001 Act) and were not covered by the Land and Conveyancin
DisputesThis case concerned the termination of two demand guarantees by the Plaintiff who was acting as personal representative of an individual who had died in 2012 (the Deceased). The Plaintiff argued that as the guarantees had been terminated, no debt was owed to Ulster Bank Ireland Limited (the Bank).
FinanceSome good news, on 25 November, the Central Bank announced an important change to their requirements for loan originating Qualifying Investor AIFs (LQIAIFs) which is to take effect from 3 January 2017 when a revised AIF Rulebook will be published.
Asset Management & Investment FundsThe Convention on International Interests in Mobile Equipment and the Protocol to the Convention on Matters Specific to Aircraft Equipment (Cape Town Convention) has taken effect in Australia, Ivory Coast, Denmark, Spain, Sweden and the UK.
Aviation & Transport FinanceLast month, two Uber drivers in London won their test cases before the UK Employment Tribunal (the ET). The ET held that they were "workers" and not self-employed individuals. The significance of this finding is that as "workers" they are entitled to certain minimum statutory protections.
EmploymentThis recent High Court decision highlights the importance for defendants to conduct a forensic analysis of the strengths and weakness of their defences as early as possible. Those with defences that are unlikely to prevail at trial should consider implementing the offer of amends procedure sooner rather than later as those that delay will impede their ability to minimise their financial.....
DisputesThe Protected Disclosures Act 2014 continues to show its teeth with another successful application for interim relief granted in Cork Circuit Court.
Pensions & IncentivesThe European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016 came into operation on 15 November 2016.
Asset Management & Investment FundsThe Department of Justice and Equality announced on 1 November that it will review the impact of the defamation reforms introduced in 2009.
DisputesTier 2 and Tier 5 'A-rated' Sponsors will gladly welcome the introduction of the new priority service in processing change of circumstances applications.
Belfast
