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Legal Updates & Insights

  • Article

    Statutory Instrument effecting a transfer of banking business challenged

    DANSKE BANK A/S AND DECLAN CROWE & MARION CROWE [2015] This case concerned a challenge to proceedings issued by the Plaintiff against the Defendants in respect of the repayment of monies due under various loan facility arrangements.

    Finance
  • Article

    Shipping Law in Ireland 2017

    Catherine Duffy, Vincent Power and Eileen Roberts, Partners at A&L Goodbody, provide an overview of shipping law, the shipping industry, regulation and the legislative framework in Ireland. This article was first published in The Shipping Law Review 2017 (3rd Edition) by Law Business Research Ltd.

    EU, Competition & Procurement
  • Article

    Major International Maritime Law Conference

    On 5 October 2015, the European Maritime Law Organisation's Twenty- First Annual Conference will take place in Copenhagen. It will be held at the offices of The Maersk Group in Copenhagen. It will mark the start to Danish Maritime Days (5-9 October 2015).

    EU, Competition & Procurement
  • Article

    What’s new? Accruing annual leave during sick leave

    The saga of whether Irish employees are entitled to accrue annual leave during sick leave has finally come to an end.

    Employment
  • Article

    Ireland aims for the “Gold Standard of” anti-bribery laws

    Later this year Ireland is due to enact anti-bribery laws similar to those laws which are already well established in the UK and US.

    Disputes
  • Article

    No privilege in legal advice in a transaction to defraud creditors

    The English High Court in London Borough of Brent v Kane [2014] EWHC 4564 has held that legal advice taken in relation to various transactions which the claimant alleged had been made at an undervalue was not protected by privilege, as there was prima facie evidence that the purpose of the legal advice was to structure the transactions in order to allow the client to avoid or reduce the costs of a

    Disputes
  • Article

    Tracker, Financial Services Regulation & Compliance - Cross Sectoral

    On the Domestic Front: Central Bank publishes regulations for credit unions. Voluntary redress scheme for AIB customers is being set up. Central Bank publishes the third issue of Credit Union News. On the International Front: EBA to conduct further analysis on Net Stable Funding Requirements (NSFR) and Leveraged Ratio (LR).

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Funds

    On the Domestic Front: Central Bank updates the AIFMD Q&A. The Central bank updates the ICAV Q&A. On the International Front: ESMA launches consultation on ELTIFs. European Commission reports on its exercise of powers under UCITS IV and AIFMD.

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Investment Firms

    On the International Front: ESMA confirms renewal of Greek HCMC short selling ban. ESMA recommends changes to EMIR framework. Commission passes delegated regulation on central clearing for interest rate derivatives under EMIR.

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Banking

    On the Domestic Front: Central Bank publishes its Internal Rules as the Resolution Authority under the BRRD. On the International Front: EBA publishes technical advice on protected arrangements in a resolution situation. EBA issues final Guidelines on passport notifications for mortgage credit intermediaries.

    Finance
  • Article

    Tracker, Financial Services Regulation & Compliance - Insurance

    On the International Front: PRA confirms position on deferred tax for Solvency II. EIOPA publishes Solvency II taxonomy and data point model updates. Insurance Europe comments on IAIS conduct of business risk paper.

    Finance
  • Article

    Irish High Court refuses to interfere with arbitrator’s ruling on his own jurisdiction

    In Mayo County Council v Joe Reilly Plant Hire Limited [2015] IEHC 544, the Irish High Court considered whether the arbitrator was correct in law in holding that he had jurisdiction to commence the arbitration hearing and rule on his own jurisdiction.