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Article and Insights
Ireland approves opt in to technical amendments to the European Insolvency Regulation Annexes
The Houses of the Oireachtas have approved Ireland's opt-in to a regulation amending the Annexes to the European Insolvency Regulation. The amendi...
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Article and Insights
The Companies (Corporate Enforcement Authority) Act 2021: Insolvency-Related Amendments
In this note, we review the insolvency-related amendments to the Companies Act 2014, introduced under the Companies (Corporate Enforcement Authorit...
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Article and Insights
Real Concern that Companies may face Financial Difficulties when State Pandemic Supports are Withdrawn
At our CounselConnect virtual conference over 100 in-house counsel were asked to reflect on how COVID-19 has affected their business and altered th...
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Article and Insights
Petition to Appoint an Examiner to New Look Dismissed by the High Court
High Court considers the meaning of when a company is insolvent for the purposes of an examinership and exercises its discretion against the appoin...
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Article and Insights
New Court Rules to Facilitate Operation of SCARP
New rules of court to facilitate the operation of the rescue process for small and micro companies (SCARP) came into operation on 9 May 2022. The ...
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Article and Insights
Money, it’s a gas
In this article we provide a round-up of cases in the last year dealing with the important issue of the costs of litigation.
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Article and Insights
Judgment Mortgages: Can you Sever a Joint Tenancy?
This article discusses the recent High Court case examining the effect of the registration of a judgment mortgage against the interests of joint te...
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Article and Insights
High Court Holds Provisional Liquidator Personally Liable for the Costs of the Official Liquidator and Revenue
High Court orders provisional liquidator to pay the costs of the official liquidator and Revenue, without having recourse to the assets of the comp...
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Article and Insights
Guarantees to be put to the test by Undue Influence
High Court accepts pleas of undue influence in recent cases involving personal guarantors of company loans.
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Article and Insights
Further Extension of Interim Period Under Companies Act
The government has approved the further extension of the interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 to 31 Decem...
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Article and Insights
COVID-19: Encouraging Remote Mediation as an Alternative to Litigation
Remote mediation ensures that disputes can still be resolved despite fewer court sittings.
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Article and Insights
Corporate Restructuring & Insolvency – Guidance for Directors During COVID-19 and Beyond
We consider the duties which directors of Irish companies need to be particularly conscious of given the significant challenges faced by many compa...
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Article and Insights
A New Look at the Landlord and Tenant Relationship
Video: New Look Retailers (Ireland) Limited's application to appoint an Examiner is refused due to lack of negotiation with the Landlords.
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Article and Insights
High Court Case Brings into Sharp Focus the Difference Between Disqualification and Restriction Orders
High Court exercises discretion in choosing to grant restriction order in respect of company directors as opposed to disqualification. Mr Justice Q...
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Article and Insights
Commission Confirms Ireland’s Participation in Regulation Amending EIR Recast Annexes
The European Commission has adopted a Decision confirming Ireland's recognition of new insolvency processes from a number of other EU Member States...
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Article and Insights
High Court Refuses Winding Up Petition against Company for Unpaid Rent
The High Court recently refused a winding up petition brought against a company by its landlord for unpaid rent. The High Court found that a bona f...
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Article and Insights
The Examinership of Norwegian Air – Key Features
Following the conclusion of the Norwegian Air examinership on 26 May we, having advised Kieran Wallace as examiner, reflect in detail on some of th...
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Article and Insights
Proving the Debt – Hearsay Rule Still Applies in Debt Claims
In this article we discuss a recent case that highlights the evidential difficulties for lenders in obtaining summary judgment against debtors and ...
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Article and Insights
Impacts of COVID-19 for Borrowers/Lenders
With COVID-19 resulting in business interruptions for many companies and market volatility, borrowers and lenders need to consider the capacity and...
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Article and Insights
ODCE Issues Guidance for Directors Affected by COVID-19 Pandemic
The ODCE has issued welcome guidance for directors concerned about restriction proceedings due to the COVID-19 pandemic
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Article and Insights
COVID-19: Temporary Wage Subsidy Scheme – Insolvency Considerations
There have been some recent welcome clarifications about certain provisions of the Government's temporary wage subsidy.
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Article and Insights
EU Court to Consider if an Irish Pension can be Exempted from a UK Bankruptcy Estate
A dispute regarding a €6 million Irish pension scheme in a personal bankruptcy was referred to the CJEU by the English High Court to determine whet...
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Article and Insights
Finance (Tax Appeals and Prospectus Regulation) Bill 2019
New legislation to amend the case stated procedure from a determination of a Tax Appeals Commissioner.
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Article and Insights
No Requirement to Issue New Demand Letter Following Transfer of Loan
Earlier this year the High Court held that there was no requirement for a new demand letter to be issued by a transferor to a borrower following th...
