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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
Legal News – January 2022
Here is a selection of our recent publications on subjects that may affect you or your business.
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Laws for a Digital Future
What is this and where is it?
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Article and Insights
Prolonging the Farewell – Extended Notice Periods for Residential Tenancies
Amendments to residential tenancies legislation extend termination notice periods for landlords and increase formalities.
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Article and Insights
Just What the Doctor Ordered – Paid Sick Leave Becomes the Law in Ireland
This article discusses the recent signing into law of the Sick Leave Act 2022 and the forthcoming implications for employers and employees upon com...
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Article and Insights
IOSCO reaffirms its 2013 ETF Principles and consults on good practices
IOSCO has published the much-anticipated follow up to its 2013 ETF Principles in the form of a consultation on supplementary good practices.
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Article and Insights
Fitness and Probity Regime – Changes to PCF Roles
On 5 April 2022, the Central Bank of Ireland made further changes to its list of Pre-Approval Controlled Functions (PCFs) under its Fitness and Pro...
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Article and Insights
New Whistleblowing Legislation set to Significantly Enhance the Protection Afforded to Whistle-blowers
The Protected Disclosures (Amendment) Bill 2022 has now been published. We discuss some of the key features of the proposed legislation designed to...
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Article and Insights
A Fund Manager’s Guide to 2022
In our first Asset Management & Investment Funds Update of the year, we analyse the key dates and deadlines in 2022 to assist funds' and fund manag...
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Article and Insights
William Fry World Intellectual Property Day Update 2020
To mark World Intellectual Property Day 2020, our Intellectual Property team has round-up some of the key intellectual property stories of 2019 and...
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Article and Insights
Wipe Away Green-Washing in Your Business
As part of the transition to financing a more sustainable economy, the Central Bank of Ireland has advised of its role in tackling climate change. ...
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Article and Insights
Withdrawal of the UK from the European Union (Consequential Provisions) Bill 2020 – Insurance Related Update
The Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2020 is progressing through the legislative process an...
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Article and Insights
William Fry Data Protection Day Update 2020
To mark International Data Protection Day 2020, our Technology & Data Protection team round-up some of the key data protection stories of 2019 and ...
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Article and Insights
William Fry Data Protection Day Update 2021
Ahead of the Council of Europe's annual Data Protection Day on 28 January 2021, we unpack the key data protection stories of 2020 and look ahead to...
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Article and Insights
William Fry Data Protection Day Update 2022
Council of Europe's annual Data Protection Day 2022: we unpack the key data protection stories of 2021 and look ahead to what to expect in 2022.
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Managing Partner
Stephen Keogh
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William Fry Appoints New Head of New York Office
Leading Irish law firm, William Fry LLP, has announced the appointment of Lyn Brennan as Head of the firm's New York office.
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Stephen Keogh
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Where to Next for Islamic Finance?
As the world economy begins to pick itself up after the COVID-19 pandemic, investors and issuers alike are likely asking themselves — where do we g...
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White Collar Crime & Investigations Spring 2021 Briefing
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What To Expect When You Are Legitimately Expecting
On 3 June 2020 Perrigo opened its case in the High Court in a bid to quash one of the most contentious tax bills levied on a company in Ireland. T...
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Article and Insights
Where do I Sign? Using Electronic Signatures for your Remote Business Dealings During the COVID-19 Pandemic
Using an electronic signature to execute documents is a practical and effective solution to the restrictions faced by businesses during the COVID-1...
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Waving Goodbye to Effective SPC Protection?
A new Supplementary Protection Certificate (SPC) waiver has been introduced in favour of EU generic and biosimilar makers.
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Webinar: EU Whistleblowing Directive: Is Your Organisation Ready to Comply with the New Whistleblowing Rules?
William Fry recently participated in two webinars hosted by Franklin Paris which discussed the EU Whistleblowing Directive.
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We’re All Going on a Summer Holiday…or Are We? Is the Green List Really the Green Light for Employees to Holiday Abroad?
The government's COVID-19 "Green List" may impact employees' rights to annual leave and employers' rights to refuse. Guidance is that those returni...
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What are Green Bonds and What’s new in Ireland?
With the recent launch of the Euronext Green Bond initiative on 5 November 2019, Eoghan O’Tuama, David Maughan and Lyn Brennan take a look at some...
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What Does SCARP Mean For Landlords?
We consider the provision for terminating leases in the government's proposed summary rescue process for small companies (or SCARP) and what it mea...
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Video: Employment & Pensions – A look ahead to 2022
In this roundup video Jane Barrett and Richard Smith, associates in our Employment & Benefits Group, give a quick guide to employment and pensions ...
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Jane Barrett
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Video: Employment Law Roundup for 2021
Jeff Greene, a Partner in our Employment and Benefits Group, gives a quick video guide to the most notable employment law developments and cases in...
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Video: Employment Law Roundup Part 2 – Important cases from 2020
The William Fry Employment & Benefits team is releasing a 3 part series of short videos in December 2020 and January 2021. In part 2, Jeff Greene,...
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Video: Ireland’s Gender Pay Gap (and Reporting) – Top 10 Questions and Answers
Video: What is the Gender Pay Gap (GPG), why does it exist, when will mandatory GPG reporting come into law in Ireland, who will be affected and wh...
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Video: Recent Trends in Data Protection Litigation
Video: Adele Hall & Michelle Martin of our litigation team examine some recent trends in data protection litigation including the increased use of ...
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Video: When Spectators take the Hit – Spectator Litigation in Ireland
Video: Patrick Murphy and Laura Flanagan talk about spectator litigation in sport where spectators are struck by golf balls, rugby balls or ice hoc...
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Article and Insights
Virtual Asset Service Providers’ AML/CFT Frameworks: Central Bank Observations on VASP Applications for Registration
On 11 July 2022, the Central Bank issued a bulletin to virtual asset service providers (VASPs) outlining its regulatory expectations and setting ou...
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Warmer Now? EU Roadmap for Revision of the Energy Performance of Buildings Directive
The European Commission has published a consultation roadmap for revision of the Energy Performance of Buildings Directive. What are the key featu...
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Article and Insights
Wasted Time? Recent Rulings Fail to Clarify Approach in Financial Loss Claims
Recent rulings demonstrate how the Irish courts have yet to agree a consistent approach in considering the Statute of Limitations in economic loss ...
Consultant
Owen O’Sullivan
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Venture Capital Funding Increases by almost 20% in Third Quarter to €231m
IVCA data highlights positive outlook for start-ups and early stage companies.
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Video: Brexit and Immigration Series – EEA and Non-EEA Nationals
Video: Karen Hennessy and Richard Smith from William Fry and Vincent Chung from Dixcart Legal discuss how nationals from the European Economic Area...
Senior Associate
Richard Smith
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Video: Brexit and Immigration Series – UK and Irish Nationals and the Common Travel Area
Karen Hennessy and Richard Smith from our Employments & Benefits team and Vincent Chung from Dixcart Legal discuss how UK and Irish nationals will ...
Senior Associate
Richard Smith
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Updated Guidance for Property Services Providers – What Does it Mean for your Business?
The Society of Chartered Surveyors Ireland in conjunction with the Property Services Regulatory Authority and the Institute of Professional Auction...
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Update: Introduction of Statutory Sick Pay – What Employers Need to Know
The Irish Government has approved the drafting of the General Scheme of the Sick Leave Bill 2021 which will introduce a statutory sick pay scheme w...
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Update: New Construction Industry Sectoral Employment Order made by Minister
A new Construction Industry Sectoral Employment Order was made by the Minister on 17 November 2021. What does it mean for the projects and construc...
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Update: WRC Postpones Face-To-Face Adjudication Hearings In Dublin
The WRC has announced that Dublin based physical face-to-face adjudication, conciliations and mediation meetings scheduled for the week commencing ...
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UK Financial Conduct Authority Issues New Policy Statement on Recapitalisation Issuances During the COVID-19 Crisis
The FCA issued a series of new measures aimed at assisting companies raise new share capital while preserving investor protection in the COVID-19 c...
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Trade Mark Your Street Art? Don’t Banksy on it!
A trade mark depicting a Banksy work of art has been invalidated on the grounds that it was filed in bad faith to prevent use of the work by third ...
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Third Party Litigation Funding and Class Actions – Where are We Now?
A recent report recommended that proper provision be made in Ireland for third party litigation funding and class actions. We consider the position...
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Time to Abolish the Close Company Surcharge for Professional Service Companies
Is it time, from a policy perspective, to abolish the close company surcharge for professional service companies?
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The Road Ahead: Challenges in Transposing the Representative Action Directive
Collective redress actions will soon be available to Irish consumers under the Representative Actions Directive. Earlier this year, the Department ...
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The Unified Patent Court – An Idea Worth Protecting?
Following the German Federal Constitutional Court's finding that German legislation ratifying the UPC was invalid, stakeholders are questioning whe...
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The Pensions Authority publishes form of 2021 Annual Compliance Statement
On 11 November 2021, the Pensions Authority published the form of annual compliance statement (ACS) that trustees of pension schemes will be expect...
Consultant
Ciara McLoughlin
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The Power of Inclusive Leadership in a Virtual World
Catherine O'Flynn, Head of our Employment & Benefits department, moderated a panel for the HR Directors Series looking at The Power of Inclusive Le...
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The Present Pandemic and the Future of Work
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Article and Insights
The Real Estate Investment Structure Taxation Review – Ireland
Our Tax team contributed to the Irish chapter of the Law Reviews recently published 'The Real Estate Investment Structure Taxation Review'.
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Article and Insights
The Lugano Clock Has Stalled: What Now For Dispute Resolution Clauses?
In June 2021 the European Commission notified the Swiss Federal Council, that representing the EU, it is not in a position to give its consent to i...
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Article and Insights
The Pandemic & Pensions: Key Issues for Pension Trustees and Employers
We examine the key issues for pension trustees and employers in responding to the current and future challenges facing pension schemes as the COVID...
Senior Associate
Jane Barrett
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Article and Insights
The Insurability of Business Interruption Risk in light of Pandemics
EIOPA published a staff paper on measures to improve the insurability of business interruption risk in light of pandemics.
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Article and Insights
The Insurance (Miscellaneous Provisions) Bill 2022 Takes Effect in Ireland
The Insurance (Miscellaneous Provisions) Act 2022 addresses certain issues arising from the Irish government's Action for Insurance Reform as well ...
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Article and Insights
The July Jobs Stimulus Package – Key Points for Employers
In this article, we review the Government's July Jobs Stimulus package and the most important issues for employers.
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Article and Insights
The Home Front: Remote Working Guidance for Employers
As thousands of people begin to work remotely, we share our top 5 best practice tips for employers adopting home-working practices
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Article and Insights
The IFD/IFR: Getting to Grips with the New Remuneration Rules for Investment Firms
The Investment Firms Regulation and Investment Firms Directive will become applicable for firms from 26 June 2021. In this briefing, we examine the...
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Article and Insights
The impact of Brexit on State Aid, Public Procurement, Merger Control and Competition Rules
Irish and other EU businesses continue to grapple with the many challenges resulting from Brexit.
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Article and Insights
The Impact of the Senior Executive Accountability Regime on the Insurance Industry
In this article, we highlight the envisaged impact of the proposed Senior Executive Accountability Regime on the Insurance Industry.
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Article and Insights
The Fine Line in GDPR and its Impact on Businesses’ Risk Analyses
Reported data breaches in Europe rose by almost 20% in 2020. Ireland, as host to many large technology and social media companies, ranked as the t...
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Article and Insights
The Future of How Ireland Works Part 3: Is Working Time Legislation Keeping up with the Times?
We explore whether Ireland's working time legislation is fit for purpose against the backdrop of today's digital workplace, the 'new normal' of rem...
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Article and Insights
The Corporate Enforcement Authority – A Milestone in Corporate Enforcement in Ireland
The Companies (Corporate Enforcement Authority) Bill 2021, proposes that a new independent statutory body with increased resources will replace the...
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Article and Insights
The European Commission Proposes a Digital Operational Resilience Act for the Financial Services Sector
The European Commission has recently published proposals for a new EU regulation for digital operational resilience for the financial services sect...
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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
Temporary Pause on Employee Ability to Claim Redundancy During Lay-Off or Short-Time
Amid the pressing concerns of helping both businesses and employees through the difficult and uncertain Covid-19 pandemic, the Emergency Measures i...
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Article and Insights
The 2020 Global MNC Tax Complexity Project
The 2020 Global Multinational Corporation Tax Complexity Project, which ranks the complexity of the corporate income tax system faced by multinatio...
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Article and Insights
The Aircraft Industry – The COVID-19 Squeeze
As the aviation industry struggles in these challenging times, Irish commercial aircraft leasing companies may also need to revisit their funding a...
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Taxand: Strong M&A activity forecast for H2 after fast start to 2021
Taxand’s 2021 Guide provides commentary and insights into the tax treatment of global M&A deals.
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Article and Insights
Sustainable Finance Update: An Overview of the Latest Legal Developments in Sustainable Finance
Sustainable finance is continuing to dominate agendas in the financial services industry with an increasing focus on environmental, social and gove...
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Article and Insights
Supreme Court Makes Preliminary Reference to the CJEU on the Validity of a Combination Product SPC
The Supreme Court has referred a number of questions to the CJEU in Merck Sharp & Dohme's appeal regarding the validity of the SPC for its combinat...
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Article and Insights
Summary Judgment – What is it and When is it Available?
Summary judgment can be a useful strategic measure for plaintiffs to consider using where applicable in plenary proceedings. A recent Court of Appe...
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Article and Insights
Summary of the Measures Available to Support Businesses during COVID-19
There have been a number of measures introduced by the Irish government and state bodies to support businesses during the COVID-19 crisis, we have ...
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Article and Insights
Summary Summons Not Adequately Pleaded
A recent High Court judgment provides a key reminder of the importance of pleadings in the Irish litigation system, particularly in a summary summo...
Senior Associate
Joanne Ryan
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Article and Insights
Supreme Court Confirms Extent of Legal Representation in Disciplinary Proceedings
The Supreme Court has confirmed that employees only have the right to legal representation in disciplinary proceedings in exceptional circumstances.
Consultant
Alicia Compton
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Article and Insights
Subject Access Request: Data Protection Commission Decision is set aside by the Circuit Court
The Circuit Court recently set aside a decision of the Data Protection Commission for failing to comply with fair procedures in arriving at its fin...
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Article and Insights
Stamp Duty Battle: Abbvie Wins Appeal Against €587m Irish Stamp Duty
A recent decision of the Tax Appeals Commission will peak the interests of Pharma, Healthcare and MedTech companies considering M&A transactions in...
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Article and Insights
Standards are Upheld but Shield Sinks Under Harbour Waves
European Court upholds validity of Standard Contractual Clauses but not Privacy Shield as international transfer regime, though with strings attach...
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Article and Insights
Status Quo to be Maintained for Non-EEA Family Members of UK Citizens Residing in Ireland until end of 2020
Irish Immigration Service Delivery confirms non-EEA family members of UK citizens can continue to exercise EU Treaty rights to reside and work in I...
Consultant
Alicia Compton
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Article and Insights
Sports Bulletin – A Year in Review in Sport
The William Fry Sports Group look back at the sports sector in 2020
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Article and Insights
Significant Award for Employee Dismissed connected to Raising Health and Safety Concerns
An employee dismissed after she raised health and safety concerns in the workplace has been awarded over €84,000 by the Workplace Relations Commiss...
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Article and Insights
Significant Developments in the UK on the Extent of Employers’ Vicarious Liability
In this article we consider two recent decisions of the UK Supreme Court which have reined in expanding scope of vicarious liability doctrine.
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Article and Insights
Setting the Bar – FBD Business Interruption Case Demonstrates the Importance of Policy Wordings
The Commercial Court recently found in favour of a number of publicans in a business interruption test case surrounding losses caused by the COVID-...
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Article and Insights
Shareholders’ Rights Directive II Becomes Irish Law
On 20 March 2020, the provisions of the Shareholders' Rights Directive II finally became law in Ireland with the publication of the European Union ...
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Article and Insights
SCARP Bill Passes Through Oireachtas
Companies (Rescue Process for Small and Micro Companies) Bill 2021 has successfully passed through the houses of the Oireachtas and will shortly be...
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Article and Insights
Second Ever Public Hearing by CAS following ECtHR Decision
CAS held its second ever public hearing following a change to the Code of Sports-related Arbitration brought about by an ECtHR decision
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Article and Insights
Security for Costs – The Proper Approach to Assessing a Plaintiff’s Ability to Pay Costs
A recent High Court judgment on a security for costs application considered the proper approach to assessing a plaintiff's ability to pay a defenda...
Senior Associate
Joanne Ryan
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Article and Insights
Richard Keogh Dismissed by Derby County on Grounds of Misconduct
This case highlights the importance of employers in the sports industry taking appropriate advice before implementing a high-profile dismissal. Emp...
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Article and Insights
Russia Banned from Tokyo 2020 Olympics and the 2022 World Cup in Qatar
Russia banned by WADA from all major sporting events for four years including the Tokyo Olympics in 2020 and the Qatar World Cup in 2022
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Article and Insights
Russia Issues Decree Providing For 0% Compensation for the Unauthorised Use of Certain IP Rights Emanating From “Unfriendly Countries”
Russia has issued a decree providing for 0% compensation for the unauthorised use by way of compulsory licence of certain IP rights owned by citize...
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Article and Insights
Return of the Live Injunction – Premier League Live Injunction Extended to Combat Illegal Streaming
The Premier League has been granted an extension to a live blocking injunction for the remainder of the 2019/2020 season and the 2020/2021 season t...
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Article and Insights
Revenue Guidance on the Tax Treatment of Additional Tier 1 Capital
Revenue have issued a new Tax and Duty Manual, providing guidance on the changes introduced by the Finance Act 2019 which provide parity of tax tre...
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Article and Insights
Revenue Moving CG50A Application Process Online
Revenue has issued a new tax and duty manual, providing guidance on the new online application system for CG50As.
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Article and Insights
Revenue’s Annual Report 2021
In May 2022, Revenue published its annual report for 2021. The Report reviews how Revenue is performing against the backdrop of a changing trading ...
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Article and Insights
Re-Thinking your Supply Chain During the COVID-19 Pandemic?
Following new restrictions regarding the closures of non-essential retail businesses and facilities effective from 23 March 2020, assessing potenti...
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Article and Insights
Retirement Age and the Programme for Government
We examine the key pensions aspects of the Programme for Government and some of the practical implications for pensions trustees and employers.
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Relaxation of the Part VII Market
The sanctioning of the transfer of business from Legal and General Assurance Society Limited to ReAssure Limited by Zacaroli J, may result in the r...
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Reporters are Reminded of Right to Privacy While Being Investigated
A recent English Court of Appeal confirms that people subject to investigations are entitled to a reasonable expectation of privacy. We examine the...
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Article and Insights
Regulatory Flexibility – Key Measures to Support Availability of Medicines and Medical Devices During COVID-19
The COVID-19 pandemic has propelled the healthcare and life sciences industries into uncharted territory. We explore the flexibility of regulators ...
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Article and Insights
Re-Engineered ILP Ready for Launch
Significant enhancements to the Irish Investment Limited Partnership will be introduced at the beginning of January 2021
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Article and Insights
Recent Health & Safety Developments: Pressure Mounts to Review Scope of “Occupational Illness” Reporting in the Workplace
Pressure is building on both the government and Health and Safety Authority to examine COVID-19 reporting obligations for employers.
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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
Publication of the Sick Leave Bill 2021
This article discusses the recent publication of the Sick Leave Bill 2021 and its implications for employers and employees.
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Article and Insights
Public Consultation on the Development of a National Resolution Framework for (re)Insurers
The Department of Finance, in collaboration with the Central Bank of Ireland, has invited submissions (by 30 November 2021) on the possible develop...
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Article and Insights
Public Private Partnership Contracts – Tax Appeals Commissioner’s Recent Determination Provides Clarity for Foreign Shareholders
The Tax Appeals Commission recently determined that the public private partnership contract between a certain Irish company and the National Road A...
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Article and Insights
Proposed Guidance on Climate Change Risks for the (Re)Insurance Sector – CBI Launches Public Consultation
The Central Bank of Ireland launches a public consultation on the proposed introduction of guidance outlining action that (re)insurers can take to ...
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Article and Insights
Proposed Major Reform of Digital Services in the EU
Late last year, the European Commission launched its long-awaited set of new rules concerning the digital space.
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Article and Insights
Protected Disclosures: 2020 Case Law Updates and Key Takeaways for Employers
Two recent decisions in the Circuit Court and High Court provide important guidance in the context of interim protection under the Protected Disclo...
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Article and Insights
Proposed Additions to the List of Pre-Approval Control Functions
On 25 February 2020, the Central Bank of Ireland (CBI) published a notice of intention to prescribe certain functions as Pre-Approval Controlled Fu...
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Article and Insights
Private Sector’s Role in Financing the EU Green Deal
The EU has launched a wide-ranging and highly impactful programme to re-orient private investment in support of its Green Deal with a target invest...
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Article and Insights
Podcast: The Legal Perspective on Remote Work and Employers’ Obligations
Catherine O'Flynn, Head of our Employment & Benefits department, joined Brian Crooke from the Work Well Podcast to talk about how businesses in Ire...
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Article and Insights
Post Lock-Down: COVID-19 and Construction Contract Challenges
This Presentation reviews the post lock down impacts of COVID-19 on cost, time and quality issues related to recommencement of works under construc...
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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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Pensions Winter Briefing
In their latest briefing paper our pensions team discuss new pension rights for mobile workers and summarise some key regulatory updates in the pen...
Senior Associate
Jane Barrett
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Pensions Winter Briefing
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Outsourcing Homework for Central Bank of Ireland as EIOPA publishes its Peer Review Report
We outline the key takeaways from EIOPA's peer review report on the performance of the Central Bank of Ireland and other EEA regulators in supervis...
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New Requirements for Marketing ESG Retail Funds in France Published by the AMF
On 11 March 2020, the AMF published a Position - Recommendation entitled 'Information to be provided by collective investment schemes incorporating...
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New Protections for Residential Tenants Impacted by COVID-19
The Residential Tenancies and Valuation Act 2020 (Act) was signed into law by the President on 1 August 2020 and introduced new temporary obligatio...
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New Guidelines Adopted by the Judicial Council in Respect of Personal Injury Awards
New Personal Injury Guidelines which will replace the Book of Quantum have been adopted by the Judicial Council under the Judicial Council Act 2019.
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Article and Insights
New Government Legislation Programme: Industry & Sector Breakdown Summer 2022
The Summer legislation programme has been published by the government. The programme includes 34 bills for prioritisation.
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New Government Legislation Programme: Industry & Sector Specific Breakdown Autumn 2022
The Government Legislation Programme for the Autumn 2022 session has been published, click here to view a selection of bills and proposals by indus...
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Article and Insights
New EU Disclosure Rules Mandate Environmental Performance Reporting for Insurers, Banks and Listed Corporates from 1 Jan 2022
Read our FAQ on the new disclosure rules for reporting the environmental performance of activities and investments, as published for consultation b...
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New EU Food Chain Transparency Regulation Comes Into Operation
A new EU regulation on food chain transparency came into operation on 27 March 2021. The new regulation aims to increase the transparency of the E...
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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
New AML/CFT Guidelines and the Emphasis on Effective Training
In this briefing we consider the impact of the Central Bank's AML/CFT Guidelines 2019 on investment funds and, in particular, the emphasis on effec...
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Article and Insights
New Brexit Omnibus Bill Proposes a Run-off Period of up to 15 years for UK and Gibraltar Insurers or Insurance Intermediaries
The General Scheme of the Withdrawal of the UK from the European Union (Consequential Provisions) Bill 2020 proposes a run-off period of up to 15 y...
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Article and Insights
New Code of Practice on Bullying at Work
A new Code of Practice for Employers and Employees on the Prevention and Resolution of Bullying at Work came into effect by way of Statutory Instru...
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Article and Insights
Narrowing the Gap – Gender Pay Gap Reporting set to Become Law
The Gender Pay Gap Information Bill 2019 is shortly due to be signed into law. This Bill will require employers to publicly report on the differenc...
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Article and Insights
Modernisation of the Oaths and Affirmations System: A Major Change
Recent changes to the law on oaths and affirmations no longer require a person swearing an affidavit or declaration to indicate their religious fai...
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Article and Insights
Mondaq Webinar: Remote Working – Here to Stay?
On Wednesday, 11 November, Catherine O'Flynn, Leo Moore, Nuala Clayton and Declan Lavelle presented on Mondaq's webinar, "Remote Working – Here to ...
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Article and Insights
Medical Devices – New Classification Rules – Is your Business Ready?
A guide to the classification of devices under the new Medical Devices Regulation
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Medical Devices Regulation – Applicable from Today
Amidst much anticipation, the Medical Devices Regulation becomes fully applicable across the EU from today, 26 May 2021. These Regulations represen...
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Article and Insights
MDR Countdown – 1 Month. European Commission Updates its Rolling Plan
With the Medical Devices Regulation (MDR) set to become fully applicable next month the European Commission has published an update to its Implemen...
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Article and Insights
Medical & In Vitro Diagnostic Devices and the AI Act: Proposed Regulatory Requirements
Artificial Intelligence (AI) is becoming an increasingly pervasive general-purpose technology, with AI elements in everything from our phones to ne...
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Article and Insights
Managing Greenwashing Risk in the Insurance Industry
A brief overview of how to avoid Greenwashing in the (Re)Insurance Industry.
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Article and Insights
Manchester United Settle Trade Mark Dispute with SEGA
Manchester United Football Club will be renamed in the next edition of 'Football Manager' after it claimed that the game's developer SEGA had infri...
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Article and Insights
Mapping a Move to Master Trusts: Pensions Authority’s new Master Trust Guidance
The Pensions Authority has published new standards for master trusts and a related guide for employers. We consider the key requirements and next s...
Consultant
Ciara McLoughlin
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Markets in Crypto-Assets
The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. Th...
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Article and Insights
Liverpool FC Not Caught Off Balance – Lessons for Brand Partnerships
A recent decision of the English High Court in New Balance Athletics, Inc v. The Liverpool Football Club and Athletic Grounds Limited EWHC 2837 (C...
Managing Partner
Stephen Keogh
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Lock Down – COVID-19 and Construction Contract Challenges
This article reviews potential impacts of the COVID-19 lock down on cost, time and quality issues related to the carrying out of works under constr...
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Liquidator’s Actions Amounted to Negligence
High Court refuses liquidator's application and holds liquidator personally liable for costs as his actions were negligent and breached the duty of...
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Article and Insights
Letting Residential Property in Ireland
The Irish property market continues to perform very strongly with continued investor demand for residential property and student accommodation. We ...
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Article and Insights
Life Science Innovation
We are pleased to be part of 'Life Science Innovation' launching online and in the Irish Independent today, discussing key trends shaping the indus...
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Article and Insights
Lay-Off and Short-Time Working in Response to Covid-19 – What Employers Need to Consider
We consider the Irish position on lay-off and short-time in the context of the current Covid-19 (Coronavirus) outbreak
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Legal Advice Privilege Survives Dissolution of Company
A recent English decision gives guidance on what happens to legal advice privilege attaching to communications between a company and its lawyers, o...
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Article and Insights
Latest EU sanctions against Russia and their potential impact on Irish corporates
EU member states have unanimously agreed upon a package of new sanctions against Russia. What do you need to know?
Managing Partner
Stephen Keogh
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Launch of our Medical Device Publication
William Fry are delighted to launch our MDR/IVDR publication. To assist medical device companies navigate the new MDR & IVDR regulatory regime we h...
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Article and Insights
Law in Motion Podcast Discusses the Irish Restructuring Toolkit with William Fry
Listen to Ruairi Rynn (Corporate Restructuring & Insolvency Partner) as he joins the Debtwire Europe podcast to discuss if Dublin's dream to become...
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Land Rover fails to ‘Defend’ its 3D Vehicle Model Applications
Land Rover has failed to secure trade mark protection for its 3D vehicle model marks.
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Article and Insights
Kerry Group Loses Trade Mark Butter Battle with Rival Kerrygold
The CJEU has ruled against Kerry Group in a long-running legal dispute with Ornua over registering the trademark 'Kerrymaid' for use in mainland Eu...
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Article and Insights
IVDR Crunch Time – Where does Ireland Stand?
The In Vitro Diagnostic Medical Device Regulation, (EU) 2017/746, is fully applicable as of Thursday 26 May 2022. Together with a summary of the ke...
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Judgment in FBD Business Interruption Insurance Cases Delayed to Consider UK Supreme Court Judgment
Mr Justice McDonald has deferred judgment in the FBD business interruption insurance test cases to allow the parties to make submissions following ...
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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
Jurisdiction and Legal Advice Privilege
Practical advice on common issues relating to Legal Advice Privilege and Jurisdiction.
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Article and Insights
Irish Tax Measures for 2021 in Response to COVID-19
In response to the spread of COVID-19, various business support measures have been put in place by European countries. In this article, we summaris...
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Article and Insights
Irish Immigration Update: One Year on from the end of the Brexit Transition Period
On 22 December 2021 the Department of Justice extended the deadline for applications under the Withdrawal Agreement for non-EEA family members of U...
Senior Associate
Richard Smith
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Irish M&A Review 2020
M&A Deals increase 14% in 2020 to €9.1bn. Download Ireland's definitive M&A review.
Managing Partner
Stephen Keogh
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Article and Insights
Irish Competition Law Update Spring 2021
Recent developments in Irish competition law include lengthy merger control reviews and increased behavioural enforcement. In addition, the Irish G...
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Ireland’s Offshore Electricity Grid: DECC Release Policy Statement on the Framework for the Offshore Grid
A key step has been taken towards Ireland's goal of delivering 5GW of offshore wind energy by the end of the decade. The Department of the Environ...
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Article and Insights
Ireland Takes a Step Closer Towards the Protection of the Collective Interests of Consumers
The General Scheme of Representative Actions for the Protection of the Collective Interests of Consumers Bill 2022 has been published and proposes ...
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Ireland is a Leading Location for Data-Related Investment in the EU
A global survey published by William Fry has found that for today's decision makers, the most important driver for international organisations look...
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Article and Insights
Ireland Launches Intellectual Property and Technology Court and Reforms IP Disputes Procedures
Under new Court Rules which come into operation on 22 October 2021, Intellectual Property cases and complex technology disputes can be listed befor...
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Article and Insights
Ireland awaits the new EU Insurance Recovery and Resolution Directive
The proposed EU Insurance Recovery and Resolution Directive, once implemented will introduce, for the first time at a European level, a harmonised ...
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IPHA’s Revised Self-Care Advertising Code
Effective from 1 March 2021, the revised IPHA Code introduces new rules for advertising non-prescription medicines, traditional herbal medicinal pr...
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Article and Insights
Investment Firms: CBI Consultation on Competent Authority Discretions in the IFD/IFR
The Investment Firms Directive and Investment Firms Regulation (IFD/IFR) will become applicable for MiFID authorised investment firms from 26 June ...
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Article and Insights
Interlocutory Injunctions – The Fallout from the Supreme Court Decision in Merck Sharp & Dohme
This article discusses a recent Court of Appeal decision that answers a question that arose for practitioners from the Supreme Court judgment in Me...
Consultant
Owen O’Sullivan
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Article and Insights
International Data Transfers: CJEU Decision Expected in July
The Court of Justice of the European Union (CJEU) is expected to publish its long-awaited decision on the validity of the widely-used Standard Cont...
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Article and Insights
Into The Breach: Morrisons Not Vicariously Liable For Rogue Employee’s Deliberate Data Breach
The recent UK Supreme Court decision in WM Morrison Supermarkets plc v Various Claimants UKSC 12 is welcomed by businesses as it limits the imposi...
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Article and Insights
Insurance Industry Faces Emerging Litigation Threat
The insurance industry is facing increased uncertainty and risk arising from COVID-19. We explore the increased likelihood of claims and potential ...
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Article and Insights
Insurance Update: Irish Minister for Finance Announces Commencement of Consumer Insurance Contracts Act 2019
On 17 July 2020, the Minister for Finance, Paschal Donohoe T.D., announced that the Consumer Insurance Contracts Act 2019 (the Act) will be commenc...
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Article and Insights
Insurance and Pensions Supervision in Europe, Speech by Gabriel Bernardino Chairman of EIOPA
Gabriel Bernardino Chairman of EIOPA reflecting on the past decade of insurance and pensions supervision in Europe.
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INCOGNITO Launches Online Art Sale in Aid of Jack & Jill
For its fourth year running INCOGNITO, the secret art sale in aid of the Jack & Jill Children’s Foundation launches via virtual gallery, open for v...
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Injecting Some Clarity for Employers into the Vaccine Conversation
It's time for employers to prepare for the widespread availability of the COVID-19 vaccine.
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Article and Insights
IN SHORT: Insurance Distribution Directive – Clarifications on Legal Interpretation published by EIOPA
EIOPA publishes a Q & A series regarding the legal interpretation of certain provisions of the Insurance Distribution Directive and its implementin...
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Article and Insights
Important Updates to the Temporary Wage Subsidy Scheme
The Minister for Finance has updated the level of wage subsidies potentially available to employers whose businesses have been adversely impacted b...
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Article and Insights
Illegal Streaming of Premier League Matches Blocked by High Court
Illegal streaming of Premier League matches blocked by High Court
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Impecunious Plaintiffs and Security for Costs – A New Leg to the Test
The Irish Supreme Court recently refined the legal test to be applied in security for costs applications against corporate plaintiffs, and introduc...
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Implementation of EU Medical Device Regulation May Face Delay
The European Commission has announced that it is working on a proposal to postpone the date of application of the Medical Device Regulation (MDR) w...
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ICC Arbitration Rules 2021 Come into Force – What do you Need to Know?
New International Chamber of Commerce (ICC) Rules of Arbitration entered into force on 1 January 2021, replacing the current ICC Rules of Arbitrati...
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How the Gender Pay Gap Information Act 2021 is Relevant to (Re)Insurers
The Gender Pay Gap Information Act 2021 makes it mandatory for employers to report on the pay differences between male and female gender employees....
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Hungarian Data Protection Authority issues Largest Fine to date to a Bank for Unlawful Use of AI
The Hungarian Data Protection Authority recently issued its largest fine to date to a bank for unlawful use of AI voice recording technology.
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I want to Ride my (Brompton Folding) Bicycle
I want to ride my (Brompton folding) bicycle… ECJ rules that copyright protection can apply to a product's shape.
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High Court Rejects Appeal that FSPO Exceeded its Jurisdiction
The High Court recently found that the FSPO acted within its jurisdiction in treating an insurer's refusal to provide cover under a structural insu...
Senior Associate
Joanne Ryan
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High Court Delivers Ruling in Facebook Data Transfer Case
The Irish High Court has delivered a ruling that the DPC can resume an investigation that may result in a prohibition on Facebook's EU-US data tran...
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High Court Departs from Normal Rule on Costs: Legal Practitioner and Client Costs Awarded on Foot of a Contractual Clause
In a recent ex tempore judgment in a landlord and tenant dispute (Dipcot Holdings Ltd v Euro General), the High Court made an order for costs but d...
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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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Guidelines for Exchange of Information between ODCE and the Revenue Commissioners in accordance with the Companies Act 2014
The Revenue Commissioners have updated updated the Collection Manual Guidelines for Exchange of Information between ODCE and the Revenue Commission...
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Health Data & Subject Access Requests: Important Changes under the Data Protection Act 2018
The newly introduced Data Protection Act 2018 (Access Modification) (Health) Regulations 2022 bring about changes for businesses in receipt of data...
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Guidance Published on Appropriate Surveillance under Article 120 of the MDR
The Medical Device Coordination Group has published guidance on the activities to be performed by notified bodies as part of their ongoing surveill...
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Article and Insights
Guide to the Investment Limited Partnership: Ireland’s new and Improved Option for Private Fund Sponsors
Ireland has recently modernised its Investment Limited Partnership fund structure with the aim of providing a flexible and tailored regime able to...
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Government Publishes Legislation Programme for Summer 2021
The legislation programme for the forthcoming Summer Oireachtas session has been published by the government.
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Government Publishes Spring Legislation Programme for Spring 2021
The legislative programme for the forthcoming spring Oireachtas session has been published by the Government Chief Whip, Jack Chambers TD.
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Government Recommends that all Non-Essential Retail Outlets will Close to Members of the Public
The National Public Health Emergency Team (the NPHET) published an indicative list of what are considered essential retail outlets which are to rem...
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Grace Period for Cookies Compliance: Websites Must Meet the Data Protection Commission’s Standards of Compliance or Risk Enforcement
Websites and apps have 6 months to comply with the Data Protection Commission's recently published report and separate guidance on Cookies and Othe...
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Government Funded Post-Brexit Customs Capacity Training for Business
The Irish Government announced a new funding initiative on 7 August 2019 called the Clear Customs initiative (the Initiative) to help businesses tr...
Consultant
Alicia Compton
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GDPR – Update for Pension Trustees
Over one year since the GDPR deadline, pension trustees must maintain focus to ensure continued compliance with the ongoing requirements of the reg...
Senior Associate
Jane Barrett
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GDPR is 4
25 May 2022 Marks the General Data Protection Regulation's 4-year Anniversary: Paving The Way For Europe's "Digital Decade"
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Gender Pay Gap – Government publishes Guidance Note on Calculating Pay Gap Metrics
The Government has published guidance for those employers due to begin reporting their gender pay gap metrics in December 2022.
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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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Fitness & Probity: Central Bank’s Expectations of Regulated Financial Service Firms
Regulated FS Firms reminded by Central Bank to have robust Fitness and Probity policies, procedures and practices in place
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Fixed Term Work Update
The Supreme Court has upheld a High Court ruling that fixed-term working legislation can apply to a permanent employee involved in an interim “acti...
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Flexible Policies Needed to Extend Working Lives of Older Workers
The ESRI release study highlighting the need for flexible policies to extend working lives of older workers.
Consultant
Alicia Compton
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Food Labelling and Calorie Posting. Where Are We Now?
The Food Safety Authority of Ireland recently announced a consultation on food labelling which invites submissions on revisions around certain food...
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Fintech – Markets in Crypto-Assets
The European Commission has published a proposed regulatory framework for Markets in Crypto-Assets as part of its Digital Finance Strategy 2020. Th...
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FAQ: New EU Sustainability Reporting Regime
New sustainability reporting rules for all large EU companies and all EU-listed companies applicable from next January.
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FDI Screening – a New Regulatory Regime for Foreign Investors into Ireland?
The government may introduce a screening mechanism for foreign direct investment into Ireland.
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Finalised Guidance on the Use of Service Companies for Staffing in the Insurance Sector
Today, the Central Bank of Ireland published its final Guidance on the Use of Service Companies for Staffing in the Insurance Sector
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Expanding the Rainbow? New FIDIC Contracts and Guidance Notes on the Horizon
FIDIC has announced that new projects contracts, related guidance notes and materials are on the horizon to be added to the FIDIC Rainbow Suite of ...
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Managing Partner
Stephen Keogh
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Explained: What Employers Need to Know about the Return to Offices
We unpack some of the main concerns employers might have about bringing staff back to workplaces.
Senior Associate
Richard Smith
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Europe’s Digital Future: European Commission launches new European Strategy for Data
The European Commission has launched a new European Strategy for Data to promote data-driven innovation in the EU through legislation, investment a...
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Evolution of Directors’ Duties Since the Companies Act 2014
The Companies Act 2014 has been in force for more than four years, and during this time there have been several developments that directors of Iris...
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European Commission SFDR Q&A Published
An analysis of the key takeaways from the European Commission SFDR Q&A
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European Court Confirms that Electronically Supplied Software Constitutes ‘Goods’ under the Commercial Agents Directive
Following a recent decision from the CJEU, commercial agents that negotiate the sale of software on a perpetual licence may be entitled to protecti...
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European Commission launches consultation on Digital Services Act package
The European Commission is seeking views on a new legal framework for the provision of digital services across the EU Single Market.
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European Commission Proposes a Unitary SPC and/or a Unified Procedure for Granting National SPCs
The European Commission has proposed a unified procedure for granting Supplementary Protection Certificates in the EU. It seeks to address ineffici...
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European Commission Proposes New Rules Curbing the Power of Digital Companies
In December 2020, the European Commission launched a much-heralded and far-reaching reform of the rules governing online commerce and activity.
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EU Tax Dispute Resolution Directive Entered into Force on 1 July 2019
EU Tax Dispute Resolution Directive aims to streamline the dispute resolution process for double taxation issues between EU Member States.
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Euronext Growth Designation as an SME Growth Market
Simplified market processes for SMEs as Euronext Growth, Ireland's secondary equity market, has been designated as an 'SME growth market' relaxing ...
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EU Commission’s Guidance on How to Combat COVID-19 Through Mobile Apps and Location Data While Maintaining GDPR and Data Protection Rights
The European Commission adopted a common EU toolbox for the use of mobile applications and geolocation data in the fight against COVID-19. The reco...
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EU Crowdfunding Regulation Updates
Recent updates to European crowdfunding legislation include: (i) measures extending the transition period by 12 months for firms providing crowdfun...
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EU Directive on Representative Actions Published
The Collective Redress Directive (EU) 2020/1828 on representative actions for the protection of the collective interests of consumers has been publ...
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EU Issues ‘Gold Standard’ for Environmentally Sustainable Activities
On 21 April 2021, the EU published the first of two planned sets of performance criteria for environmentally sustainable activities under the Taxon...
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ESMA Strengthening of Delegated Model for UCITS and AIFS
Ahead of the impending public consultation on the AIFMD review, the European Securities and Markets Authority set out its stall to the European Com...
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ESMA Beefs Up Liquidity Risk Management Rules for Funds & Other Briefings
Each month our Asset Management & Investment Funds team write a 'Legal & Regulatory Update'. Welcome to the our September edition.
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Article and Insights
Energy Market Update: COVID-19, the RESS 1 Auction and Electricity Consumption in Ireland
The closing date for applications to qualify for the RESS 1 Auction has been extended to Thursday 30 April and we await further changes to the auct...
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Article and Insights
English High Court Blocks Proposed Transfer of Annuity Policies Between Insurance Companies
English High Court objects to the scheme of transfer of £12 billion annuities from Prudential Assurance Company to Rothesay Life Plc
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Article and Insights
Employment Update: Sporting Bodies Gearing Up to Get Back in the Game
As COVID-19 restrictions are set to ease in the coming months, we examine the key considerations for sporting bodies seeking to ensure a safe retur...
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Article and Insights
Employment & Benefits 12 Days of Christmas – Flexible Working Part 2
In our second bulletin on flexible working, we consider the importance of complying with working-time legislation when embracing innovative ways of...
Consultant
Alicia Compton
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Article and Insights
Employment & Benefits 12 Days of Christmas – Immigration
In today's 12 Days of Christmas bulletin, we look at some decisions from earlier this year about the duty to make reasonable accommodation for empl...
Consultant
Alicia Compton
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Article and Insights
Employment & Benefits 12 Days of Christmas – Legal Representation/Disciplinary Process
In today's edition, we remind ourselves of the Supreme Court's decision in McKelvey v Iarnrod Eireann/Irish Rail IESC 79 on the circumstances in w...
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Article and Insights
Employment & Benefits 12 Days of Christmas – Pensions
In the penultimate instalment of our '12 Days of Christmas' series, we highlight three pension law developments from 2019.
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Article and Insights
Employment & Benefits 12 Days of Christmas – Casual Employees
In today's article we look at an employment law wolf in a sheep's clothing that will change employers' contractual relations with certain types of ...
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Article and Insights
Employment & Benefits 12 Days of Christmas – Disability Discrimination
In today's 12 Days of Christmas bulletin, we look at some decisions from earlier this year about the duty to make reasonable accommodation for empl...
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Article and Insights
Employment & Benefits 12 Days of Christmas – Flexible Working
Over the next two days we will look at flexible working arrangements from two different angles. Today we are focusing on employee requests to work ...
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Article and Insights
EIOPA’s Single Programming Document 2021-2023
In this article we consider EIOPA's Single Programming Document 2021-2023 which includes EIOPA's Annual Work Programme 2021.
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Article and Insights
Emergency Measures to Halt the Spread of Covid-19
Government passes emergency COVID-19 Legislation
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Article and Insights
EIOPA defines its Supervisory Convergence Priorities for 2021
EIOPA published its Supervisory Convergence Priorities Plan for 2021. EIOPA identifies three new priorities for 2021 and plans to continue working ...
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Article and Insights
EIOPA publishes Discussion Paper on European Insurers’ Exposure to Physical Climate Change Risks
Analysis of EIOPA Discussion Paper assessing European insurers' exposure to physical climate change risks.
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Article and Insights
EIOPA Publishes Statement and Recommendations in light of the Impact of COVID-19 on EU Insurance Sector
On 17 March 2020, the European Insurance and Occupational Pensions Authority published a statement on actions to mitigate the impact of Coronavirus...
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Article and Insights
EDPB Reviewing Draft Guidelines on Data Protection and Connected Vehicles
In response to stakeholder feedback, the European Data Protection Board is reviewing its draft guidelines on how the connected vehicles industry ca...
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Article and Insights
Drug-Device Combination Products: Where do they fall within the new MDR Regime?
Continuing our series of publications, in this briefing we examine the key changes to the regulatory pathway for drug-device combination products (...
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DiversiFry Pride 2020
June is Pride month and we're delighted to see all the great ways that the LGBT+ community and allies are coming together online to celebrate and s...
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Article and Insights
Diversity and Inclusion in the Financial Services Sector
On 11 February 2020, Director General of the Central Bank of Ireland (CBI) Derville Rowland addressed the European Financial Forum 30% Club, to hig...
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Article and Insights
Does a Closed Court Office mean a Closed Case? COVID-19 and the Statute of Limitations
Time continues to tick for the Statute of Limitations during COVID-19. In this article we consider previous guidance from the High Court and what m...
Consultant
Owen O’Sullivan
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Article and Insights
Does Reasonable Accommodation of Disabled Employees Include Consideration of Working From Home?
A recent case, relying on the Supreme Court decision in Nano Nagle v Daly, further clarified the extent of an employer's duty to reasonably accommo...
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Article and Insights
Discovering Public Interest Privilege?
This article discusses a recent High Court decision on the use of public interest privilege to withhold documentation in discovery.
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Article and Insights
Death, Time Barred Claims and the Equitable Doctrine of Unconscionability
High Court dismisses claim against deceased doctor's estate as statute barred pursuant to s. 9(2)(b) of the Civil Liability Act, 1961.
Consultant
Margaret Muldowney
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Article and Insights
Data Protection Commission Issues First GDPR Fines and Takes Significant Steps re: ‘Big Tech’ Investigations
The Irish Data Protection Commission (DPC) has announced a series of fines for Irish Child and Family Agency, TUSLA for breaches of the General Dat...
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Article and Insights
Crash Landing for Restrictive Covenants?
Most employment contracts, in particular those of senior key individuals, will likely include a set of post-termination restrictive covenants. For ...
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Article and Insights
Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 Signed into Law
On 18 March 2021, the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 was signed into law by the President.
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Article and Insights
COVID-19: Can You Keep A Secret? Protecting Trade Secrets During the Coronavirus Pandemic
With working-from-home the new normal during the coronavirus pandemic, businesses should take additional steps to protect their trade secrets.
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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
COVID-19: Key Considerations for Regulated Financial Services Providers
COVID-19 poses profound business and operational resilience challenges for regulated financial services providers. The William Fry Financial Regula...
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Article and Insights
COVID-19: New Emergency Legislation Allows Travel to and from Work for “Essential Services” Only
In line with new restrictions, implemented as part of Ireland's national response to COVID-19, only "essential" workers will be allowed to travel t...
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Article and Insights
COVID-19: No Moratorium on Forfeiture of Commercial Tenancies
We consider the impact of the Residential Tenancies and Valuation Act 2020 on commercial tenancies and the clarity it brings to the forfeiture or t...
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Article and Insights
COVID-19: Protecting Your Business From Cybercriminals
This article discusses the rise in cybercrime activities since the outbreak of COVID-19. It assesses the types of attacks institutions should be aw...
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Article and Insights
COVID-19: The Key Question for Sport – to Cancel or to Postpone?
Sporting Competitions are faced with the unprecedented situation of being postponed indefinitely due to COVID-19. We consider the main legal consid...
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Article and Insights
COVID-19: Top Data Protection Queries & Practical Tips
We consider how businesses might navigate some of the demands of data protection compliance in the context of COVID-19 and share some practical tip...
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Article and Insights
COVID-19 & E-Commerce: Top 10 Legal Issues for Online Retailers
In this article, William Fry specialists identify ten important legal issues that apply to online retailers and offer some practical guidance on ho...
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Article and Insights
COVID-19 and a Changing Workplace – Government Issues Guidance on the use of Face Coverings
The Department of Health has issued guidance recommending the use of face coverings in public places. We consider the implications for employers an...
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Article and Insights
COVID-19 and Corporate Immigration Update
During COVID-19 we provide top tips for employer users of corporate immigration.
Consultant
Alicia Compton
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Article and Insights
COVID-19 and its Effect on Commercial Contracts
Key provisions of commercial contracts may be impacted by the outbreak of COVID-19. We consider key clauses in contracts that may be impacted and l...
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Article and Insights
COVID-19 Emergency Measure Redundant as Suspended Redundancy Entitlement for Employees Returns
Companies may face increased redundancy claims following the re-instatement of entitlements for employees on lay-off/short time
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Article and Insights
COVID-19 Tactical Measures – Security for Costs and the Existence of Special Circumstances – Part 1
Security for costs applications may become a more prominent feature of litigation due to future COVID-19 related disputes. This two-part series o...
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Article and Insights
COVID-19 Tactical Measures – Security for Costs and the Existence of Special Circumstances – Part 2
As mentioned in Part 1 of this two-part series, it is thought that there will be an upsurge in litigation due to COVID-19 related disputes. Defenda...
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Article and Insights
COVID-19: Adapting the Planning and Building Control Systems
The Government's second Covid-19-related Bill, published on 24 March 2020, is the Emergency Measures in the Public Interest (COVID-19) Bill 2020 (B...
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Article and Insights
COVID 19 – Practical Considerations for both Landlords and Tenants
There are challenging times ahead for landlords and tenants of commercial property. What are the challenges and does a commercial lease provide an...
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Article and Insights
COVID-19 – Accelerating the Trend Towards a Cashless Society?
We encourage customers to use card or contactless payment methods at this time a message that has been repeatedly announced following the recent CO...
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Article and Insights
COVID-19 – Can Trials Conducted via Video-Link Maintain Business Continuity for the Courts?
As courts close and trials are adjourned due to Coronavirus, we consider the impact this may have on the Courts Service of Ireland business continu...
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Article and Insights
COVID-19 – Key Issues for the Food, Beverage and Agri-business Sector
The Food, Beverage & Agri-business sector is one of the hardest hit by COVID-19. In this article, we highlight key cash flow issues and some of the...
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Article and Insights
Court of Appeal Upholds Invalidity of a Combination Product SPC Applying the CJEU Test
The Court of Appeal has upheld a finding by the High Court that Merck Sharp & Dohme's Inegy SPC was invalid on the grounds that it breached Regulat...
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Article and Insights
Continued rise of Energy Performance of Buildings Requirements
The Energy Performance of Buildings Regulations 2021 and accompanying technical guidance evidence a continued rise in obligations relating to the e...
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Article and Insights
Copy That! Ireland Implements EU Copyright Directive
A look at how the EU Copyright Directive has been implemented in Ireland
Managing Associate
John Sugrue
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Article and Insights
Consumer Insurance Contracts Act 2019 – the Funeral Bell for Existing Duty of Disclosure?
In this article we discuss a recently decided High Court case on the duty to disclose material facts in insurance contracts and potential changes t...
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Article and Insights
Compulsory Licences on the Horizon for Drugs and Equipment?
As concerns grow globally about the availability of certain drugs and equipment in the midst of the COVID-19 pandemic will we see other governments...
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Article and Insights
Compulsory Question: Challenging a Property Arbitrator in Compulsory Purchase Order Cases
Compulsory Purchase: A property arbitrator's refusal to state a case to the High Court on a point of law is subject to Judicial Review
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Article and Insights
Commercial Court Rules in Favour of Plaintiffs in Cases Against FBD
The recent judgment of the Commercial Court in a number of business interruption insurance test cases has received widespread publicity. In this b...
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Article and Insights
Commercial Litigation Predictions for 2021
Our Commercial Litigation Department have been closely monitoring important litigation trends and risks for the coming year. The events of 2020, in...
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Article and Insights
Commission Issues New SFDR Q&A
On 25 May 2022, a second SFDR Q&A from the Commission was published which is highly likely to impact both fund management companies' approach to co...
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Article and Insights
Commission on Pensions Publishes Report and Recommendations
Earlier this month, the Commission on Pensions issued its report on recommended reforms relating to the use of mandatory retirement ages in employm...
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Article and Insights
Cheating in Esports: The “Coach Spectator Bug” Decision
Esports Integrity Commission announced that a total of 37 individual coaches have been handed bans for cheating in esports competitions
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Article and Insights
CJEU to Consider Whether UEFA Can Control Authorisation for the Proposed European Super League under European Competition Law
The Madrid Commercial Court has made a preliminary reference to the CJEU to consider whether competition law permits UEFA to control authorization ...
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Article and Insights
Changing and Exchanging Expert Reports
A recent English case confirmed that when a party in a case seeks to change experts in a medical negligence claim it must disclose the first expert...
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Article and Insights
Central Bank updates (Re)Insurers on Key Regulatory Developments in its September Industry Newsletter
Climate change risks, outsourcing and digitalisation, are the key topics the Central Bank of Ireland addresses in its latest edition of the Insuran...
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Article and Insights
Central Bank Outsourcing Guidance for all Regulated Firms_
On 17 December 2021, the Central Bank published, with immediate effect, cross-industry guidance for the management of outsourcing activities.
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Article and Insights
Central Bank Publishes Consultation Paper on Pre-Emptive Recovery Planning for (Re)Insurers
The CBI's consultation paper contains proposals for regulations and guidelines on pre-emptive recovery plans.
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Article and Insights
Central Bank Publishes Intermediary Times
The Central Bank of Ireland's 2020 bumper edition of the Intermediary Times addresses recent updates for the intermediary sector including new PCFs...
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Article and Insights
Central Bank Publishes Outcome of CP86 Compliance Review
On 20 October 2020, the Central Bank published findings from its review of fund management companies' implementation of the rules and guidelines un...
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Article and Insights
Central Bank of Ireland issues “Dear CEO” Letter to Retail Intermediaries regarding Regulatory Returns
We consider the "Dear CEO" letter issued by the Central Bank of Ireland to all retail intermediaries explaining its findings and expectations going...
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Article and Insights
Central Bank of Ireland Publishes Consumer Protection Outlook 2020
The recently published Central Bank report on Consumer Protection highlights key cross sectoral risks for 2020, many of which are particularly rele...
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Article and Insights
Central Bank of Ireland publishes Consumer Protection Outlook Report 2022
We analyse and set out the key developments and points of relevance from the Consumer Protection Outlook Report 2022.
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Article and Insights
Central Bank of Ireland publishes Draft Cross-Industry Guidance on Outsourcing
The Central Bank of Ireland has recently issued a consultation paper and draft cross-industry guidance on outsourcing, including cloud services. I...
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Central Bank of Ireland Publishes Quarterly Insurance Newsletter
Overview of the Central Bank of Ireland's Insurance Newsletter for Quarter 3, 2022.
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Article and Insights
Central Bank of Ireland’s 2020 “Dear CEO Letter” on Fitness and Probity
The Central Bank of Ireland has published a "2020 Dear CEO Letter" addressing key shortcomings identified from a thematic inspection in relation to...
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Central Bank Outsourcing Guidance for all Regulated Firms
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Article and Insights
Central Bank Determination points to Increased Focus on Senior Executive Accountability
Following a recent Central Bank of Ireland enforcement action, we review the decision of the Central Bank and consider the future of senior executi...
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Article and Insights
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Article and Insights
Central Bank CP150 Consultation Paper on Intra-Group Transactions Affecting Irish (Re)Insurance Undertakings
An overview of the impacts and exposures elaborated upon in the Central Bank's Consultation Paper on Intra-Group Transactions affecting Irish (re)i...
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Article and Insights
Central Bank Data Requests Issued to Corporate Debt & Real Estate Funds
Following on from our June briefing (ESMA supports targeted review of corporate debt and property funds) the Central Bank has begun contacting UCIT...
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Article and Insights
CBI Administrative Sanctions – Themes of Relevance to (Re)insurers
A brief overview of the CBI Administrative Sanctions and the themes of relevance to (Re)insurers.
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Article and Insights
CCPC Closes Ticketing Investigation on the Basis of Section 14B Commitments
The Competition and Consumer Protection Commission has closed its ticketing investigation on the basis of Section 14B commitments.
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Article and Insights
CCPC Finds No Evidence of a Cartel Between Beef Processors
This article discusses the recent Competition and Consumer Protection Commission (CCPC) finding that there is no evidence of a cartel between beef...
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Article and Insights
Business Interruption Insurance – Financial Conduct Authority Test Case
In this article, we consider the ongoing Financial Conduct Authority test case and its possible implications for Irish insurers.
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Article and Insights
Budget 2021 – Key Highlights for Employers and Employees
We analyse the key measures of support and protection introduced for employers and employees in Ireland's biggest ever budget.
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Article and Insights
Building the Case for a Macroprudential Framework for Funds
Regulators' interest in the development of a more comprehensive macroprudential framework for funds is not new, however, the current crisis would s...
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Article and Insights
Business Continuity and COVID-19 in the Workplace – NSAI Provides Practical Guidance for Employers
The National Standards Authority of Ireland (NSAI) has updated its COVID-19 Workplace Protection and Improvement Guide to provide comprehensive and...
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Article and Insights
Breaking Bad; the Central Bank’s Expectations of Senior Executive Accountability
Video: Gráinne Varian, Catherine Carrigy and Lisa Shannon share some insights in the area of Fitness & Probity to better understand the Central Ban...
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Article and Insights
Brexit – Trade Negotiations and Transition Period
Despite the UK officially leaving the EU on 31 January 2020, a transition period is in place until 31 December 2020 during which both sides attempt...
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Article and Insights
Brexit & UK Benchmarks
In this briefing we consider the impact of Brexit, whether hard or soft, on funds' use of UK benchmarks including the possible consequences for LIB...
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Article and Insights
Brexit Continued – UK & EU Agree Memorandum of Understanding on Financial Services
The UK and EU have agreed a Memorandum of Understanding in relation to future cooperation on financial services following three months of talks sin...
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Article and Insights
Brexit Update: European Commission issues Readiness Notice to (Re)Insurance Stakeholders
The European Commission has published an updated readiness notice to stakeholders regarding the implications of the withdrawal of the UK in the are...
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Article and Insights
Brexit: The Current State of Play on Solvency II equivalence for the UK
The EU and the UK have failed to meet the 30 June 2020 deadline for Solvency II equivalence assessments.
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Article and Insights
Brand Protection in the Metaverse: EUIPO Updates Guidance on Trade Mark Applications for NFTs and Virtual Goods
With the exponential rise of the Metaverse, brands are racing to protect their intellectual property in this new virtual reality through trade mark...
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Article and Insights
Asset Management & Investment Funds Update – Sep 21
Welcome to the September edition of our Asset Management & Investment Funds Update.
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Article and Insights
An Insurer’s Perspective on the Sustainable Finance Disclosure Regulation
The Sustainable Finance Disclosure Regulation is now in effect. In this briefing, we examine its impact on the insurance industry.
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Article and Insights
Actual and Potential Reforms of EU and Irish Merger Control
Both the EU and Irish merger control regimes need regular refreshing to make sure they are both ‘fit for purpose’ – and the last 12 months or so ha...
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Article and Insights
Advisor to the CJEU in the Schrems II case finds standard contractual clauses remain valid
In an opinion delivered on 19 December 2019, Advocate General Henrik Saugmandsgaard Øe finds that the Court of Justice of the European Union (ECJ) ...
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Article and Insights
Accelerated Loss Relief for Companies
In response to the COVID-19 pandemic, Irish Revenue released an eBrief on the July Jobs Stimulus which outlined accelerated loss relief for compani...
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Article and Insights
Acceleration of Tax Refunds and Maximising Reliefs
William Fry Tax Advisors identify a range of tax efficiencies/opportunities which can generate much needed cashflow for businesses at this challeng...
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Article and Insights
Act Now to be Ready on Time – Guide to New Classification Rules for In Vitro Diagnostic Medical Devices
Continuing our series of publications, we outline the key changes to the classification of in vitro diagnostic medical devices in advance of the In...
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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
A New Tune for Whistle-Blowers – Protected Disclosures (Amendment) Act 2022 Signed into Law
The Protected Disclosures (Amendment) Act 2022 has now been signed into law and will significantly extend the protections afforded to whistle-blowe...
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Article and Insights
A Path Forward – Draft Guidance Published For Dealing With International Data Transfers Post-Schrems II
This week saw the publication of draft guidance by the European Data Protection Board and draft standard contractual clauses by the European Commis...
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Article and Insights
A Progressive Roll Out of the IVDR
The European Commission proposes a progressive roll-out of the In Vitro Medical Devices Regulation (IVDR).
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Article and Insights
A Review of the Screening of Third Country Transactions Bill 2022
This long-awaited Bill, once enacted, will provide Ireland with a mechanism for protecting the State's key infrastructure from ownership by investo...
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Article and Insights
A Stricter Regime is Beckoning for Manufacturers of Popular Beauty Devices
The European Commission has proposed reclassifying certain beauty and brain stimulation devices without an intended medical purpose under the Medic...
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Article and Insights
A UK Adequacy Decision is More Uncertain due to Recent CJEU Rulings on EU Privacy Law
We analyse two recent landmark decisions delivered by the Court of Justice of the European Union (CJEU) which bring EU member state's national legi...
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Article and Insights
A Further Update on the Unified Patent Court
The requisite number of Member States have now joined the protocol on a European Unified Patent Court. In this brief article we discuss the next st...
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Article and Insights
Update: Parental Leave (Amendment) Act 2019 Comes into Effect
Parental Leave (Amendment) Act 2019 comes into effect from 19 July 2019
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William Fry Host ‘The Tipping Point for Women’s Sport’
William Fry hosted a special evening talk followed by a reception featuring a panel of some of the best-known Irish sports stars. The event, on Thu...
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Buy-Out and “Free Transfer” Clauses in Soccer Contracts– a “Messi” Affair
The world of soccer was set alight in recent weeks as Lionel Messi, widely recognised as one of the greatest footballers of all time, showed an int...
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ESMA Lowers Reporting Threshold For Short Positions In Response to Covid-19 Pandemic
ESMA has issued a statement outlining its decision, effective immediately, to temporarily lower the reporting threshold of net short positions in E...
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Green Light for the Digital Services Act
The Digital Services Act has been formally adopted by the European Council. What does this mean for online service providers and social media platf...
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Asset Management & Investment Funds Update – June 2022
Welcome to the June 2022 edition of our Asset Management & Investment Funds Update
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Consultant
Owen O’Sullivan
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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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European Commissioner Provides Strong Support for the Data Protection Commission
EU Commissioner for Justice, Didier Reynders, has defended the Data Protection Commission in a letter to Dutch and German MEPs.
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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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Irish Government Announces Implementation Plan to Reform the Civil Justice System
The "Implementation Plan on Civil Justice Efficiencies and Reform Measures" was published by the Minister for Justice in May 2022 and details the g...
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Article and Insights
Multinationals and Intercompany Debt: The Tax Implications of Unwinding Intercompany Debt
A €25m tax battle before the Tax Appeals Commission clarifies the corporation tax treatment when intercompany debt is unwound.
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Putting Justice to Hazard: When Does Delay Justify the Dismissal of Proceedings?
There has been an increase in applications to dismiss legal proceedings for want of prosecution on the grounds of delay before the Irish courts in ...
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The taxation of non-Irish resident landlords – Revenue manual published
The Revenue Commissioners (Revenue) have published their Tax and Duty Manual on Taxation of Non-Irish Resident Landlords to take account of Finance...
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Unfair Dismissal in a Valid Redundancy Situation
A recent WRC decision saw a substantial award of €120,000 made to a former employee. The decision addressed issues such as reasonableness, authori...
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EU Sanctions: Asset Freezes and Capital Markets Access Restrictions
To date in 2022, the EU has adopted four sanctions packages in response to the developing situation in Ukraine. Each package includes one or more ...
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Explained: The Austrian data regulator’s issue with Google Analytics
Article in Silicon Republic: William Fry’s David Cullen and David Kirton look at the Austrian data watchdog’s Google Analytics concerns and what it...
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Central Bank of Ireland Publishes its First 2022 Newsletter for Insurance Intermediaries
A concise overview of the main points of interest for (re)insurance intermediaries in the Central Bank's recent edition of the Intermediary Times.
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Article and Insights
Legal News – July 2022
Welcome to the July 2022 edition of Legal News. Here is a selection of our recent publications on subjects that may affect you or your business.
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William Fry Hires New Corporate Consultant
William Fry LLP is pleased to announce the appointment of Colm Manning as a Consultant in its Corporate / M&A department.
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Central Bank (Individual Accountability Framework) Bill 2021: Pre-legislative Scrutiny Recommendations
The Joint Committee on Finance, Public Expenditure and Reform and Taoiseach published its Report on Pre-Legislative Scrutiny of the General Scheme ...
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Right to Request Remote Working Bill 2022: What does it mean for Employers?
On 25 January 2022, the Government published the Draft Scheme of the Right to Request Remote Work Bill 2022. We have prepared a table detailing the...
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Managing Partner
Stephen Keogh
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Progressive Roll Out of the IVDR Confirmed by EU Parliament and Council
The European Parliament and European Council recently approved the progressive roll-out of the In Vitro Medical Devices Regulation. In this update...
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Going Green? New FIDIC Short Form Contract added to FIDIC Rainbow Suite of Contracts
A new FIDIC short form contract (Green Book) has been added to the FIDIC rainbow suite of contracts. What do you need to know?
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Central Bank Consumer Protection Code Review
The Central Bank has commenced the first phase of a three-stage review of the Consumer Protection Code 2012 (as amended). As part of this first pha...
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Preparing for Individual Accountability Series – Part 4 -Enforcement Reforms
In this briefing, we examine proposed enforcement reforms - the fourth of four pillars of the individual accountability framework - and we outline ...
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Legal News – April 2022
Here is a selection of our recent publications on subjects that may affect you or your business. We regularly publish briefings and insights on leg...
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Asset Management & Investment Funds Update – May 2022
Welcome to the May 2022 edition of our Asset Management & Investment Funds Update
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Legal News – October 2022
Welcome to the October 2022 edition of Legal News, a selection of our recent publications on subjects that may affect you or your business.
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Brexit Continues to Shape the Regulatory Landscape as EIOPA Consults on the use of Third-Country Branches
A brief analysis of the key issues raised by EIOPA in its proposed new supervisory statement on the use of certain governance arrangements in third...
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Preparing for Individual Accountability Series – Part 3 – Senior Executive Accountability Regime
In this briefing, we examine the senior executive accountability regime (SEAR) – the third of four pillars of the individual accountability framewo...
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Article and Insights
Is Change on the Horizon for the Disclosure Regime Under Order 39, Rule 46 RSC?
In a recent decision, the Court of Appeal (CoA) considered the interpretation and application of Order 39, Rule 46 of the Rules of the Superior Cou...
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Article and Insights
Ireland to Hold Referendum to Participate in the Single Unitary Patent and Unified Patent Court
On 28 June 2022, the Government issued a press release reaffirming its commitment to hold a referendum to enable Ireland to participate in the Unit...
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Preparing for Individual Accountability Series – Part 2 – Fitness and Probity Reforms
In this briefing, we examine fitness and probity reforms – the second of four pillars of the individual accountability framework - and we outline t...
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Surgical Robots: Are Batteries Included?
With robotic surgery now capable of being performed on a patient in one part of the world, by a surgeon on the other side of the world, this creat...
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Article and Insights
Legal News – May 2022
Here is a selection of our recent publications on subjects that may affect you or your business. We regularly publish briefings and insights on leg...
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Article and Insights
Securing authorisation as a retail credit firm in Ireland
The Consumer Protection Act 2022 (the Act) was signed into law on 11 April 2022. The Act extends the scope of firms which are required to secure au...
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Article and Insights
Determining Application of Closure/Disease Clause to COVID-19 in Insurance Policy
High Court finds Devlin Hotel not entitled to cover for pandemic losses under RSA policy of insurance
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EIOPA’s Supervisory Statement on the Supervision of Run-Off Undertakings
EIOPA has issued a Supervisory Statement detailing how national supervisors should approach the regulation of run-off undertakings in light of incr...
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Article and Insights
Legal News – August 2022
Welcome to the August 2022 edition of Legal News, a selection of our recent publications on subjects that may affect you or your business. We regul...
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Irish M&A Market Records 122 Deals worth €6.4bn in First Half of 2022
A total of 122 deals were recorded within the Irish M&A Market in the first six months of 2022, a drop of 14% since the first half of 2021 which wa...
Managing Partner
Stephen Keogh
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Article and Insights
Gender Pay Gap – New Regulations Provide Clarity for Employers on Gender Pay Gap Reporting
New Regulations provide clarity for employers due to begin reporting on their gender pay gap metrics in December 2022.
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Consultant
Ciara McLoughlin
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Article and Insights
Legal News – March 2022
Here is a selection of our recent publications on subjects that may affect you or your business.
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Article and Insights
MFID Firms’ Use of Tied Agents Circumventing EU Market Access Rules
ESMA issues expectations for MiFID firms' use of tied agents in light of post-Brexit 'circumvention' of MiFID framework.
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Article and Insights
Time Matters – Court of Appeal Affirms High Court Decision Striking Out Proceedings for Inordinate and Inexcusable Delay
The Court of Appeal has upheld an Order of the High Court striking out the plaintiff's claim for inordinate and inexcusable delay. The plaintiff's ...
Senior Associate
Joanne Ryan
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UK High Court Blows the Whistle on Civil Liability for Negligent Sports Injuries
The High Court of England and Wales recently considered the rules on civil liability in negligence for serious injuries relating to professional fo...
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Article and Insights
Legal News – February 2022
Here is a selection of our recent publications on subjects that may affect you or your business.
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Quick off the (Trade) Mark – Commercialising the Victory Dance in Sport
Athletes have built brands around their sporting success using intellectual property. While filing trade mark applications for names is common, ath...
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Article and Insights
Preparing for Individual Accountability Series – Part 1 – Conduct Standards
In this briefing, we examine conduct standards – the first of four pillars of the individual accountability framework - and we outline the actions ...
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Article and Insights
Russian Sanctions: A (Re)Insurance perspective
Analysis of the Russian Sanctions Regime, with a particular focus on the impact of these measures on the (Re)Insurance industry.
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Article and Insights
Governor Makhlouf addresses the Insurance Ireland Annual Industry Lunch
An overview of Governor Makhlouf's remarks at the recent Insurance Ireland Annual Industry Lunch held on 16 June 2022.
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ESMA Issues Guidance for Combating Greenwashing
In a wide-ranging briefing, ESMA sets out guidance for the supervision of SFDR compliance and combating greenwashing. While the briefing is addres...
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Article and Insights
Legal News – June 2022
Welcome to the June 2022 edition of Legal News. Here is a selection of our recent publications on subjects that may affect you or your business.
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Article and Insights
Discovery v Public Interest Privilege – Scales of Justice Tipped in Favour of Discovery
The High Court recently ordered inspection of a redacted Garda report, to prevent the identification of Garda informants. Inspection was ordered on...
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New Challenges on the Horizon for 2022 AGM Season
ISS, a leading global proxy advisor, has proposed changes to its benchmark voting policy, potentially increasing scrutiny of Irish issuers' ESG ef...
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Consultant
Owen O’Sullivan
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Ireland’s M&A activity skyrockets following challenging 2020
Deal value in the first six months of 2021 is more than eight times H1 2020 figure.
Managing Partner
Stephen Keogh
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Extension of Interim Period under the Companies Act 2014
The interim period introduced by the Companies (Miscellaneous Provisions) (COVID-19) Act 2020 has been extended until 9 June 2021.
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Article and Insights
Health Research Rules Updated via New Regulations
The 2021 Health Research Regulations introduce significant new revisions to the law on processing personal data for health research purposes.
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Article and Insights
Beyond Brexit – EU-UK Agreement and Ireland’s Insurance Temporary Run-off Regime
In tandem with the end of the Brexit transition period at 11.00pm on 31 December 2020, the Irish legislation implementing the temporary run-off reg...
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Article and Insights
What Regulatory Challenges are Facing the Life Sciences Sector?
Charleen O’Keeffe discusses some of the regulatory trends and challenges she sees coming down the line with Silicon Republic.
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Article and Insights
Labour Court Confirms that Annual Leave Should be Excluded from the Calculation of ‘Banded Hours’
The Labour Court (LC) has issued a decision on the statutory right to request to be placed on banded hours. The LC has clarified that annual leave ...
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Article and Insights
EU Temporarily Permits Data Transfers to the UK Pending a Decision on Adequacy
As expected, an adequacy decision was not granted by the European Commission as part of the UK-EU Trade and Co-operation Agreement, but a maximum s...
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Article and Insights
Security for Costs: Further Developments
Two recent decisions from the Irish superior courts provide welcome clarification on the scope of certain security for costs provisions. Firstly, t...
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Article and Insights
The EU-UK Trade and Cooperation Agreement – Impact on Competition Law
We summarise the top 5 impacts of the EU-UK Trade and Cooperation Agreement on Competition Law.
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Article and Insights
The EU-UK Trade and Cooperation Agreement – Impact on Trade, Imports & Exports
We summarise the main impacts of the EU-UK Trade and Cooperation Agreement on Trade, Imports and Exports.
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Article and Insights
Road Traffic and Roads Bill 2021 Scoots off for Cabinet Approval
The Government's Road Traffic and Roads Bill 2021 sets out, for the first time, regulations on the use of e-scooters and e-bikes on Irish roads and...
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The European Unified Patent Court – is it Finally within Reach?
The German Federal Constitutional Court has rejected the latest constitutional challenge to the German Parliamentary Bill ratifying the European Un...
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Article and Insights
Significant Extension to Parent’s Leave and Important Amendment to Adoptive Leave now in effect
From 1 April 2021, the Family Leave and Miscellaneous Provisions Act 2021 provides for a three-week extension to the parent's leave entitlement for...
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Verifying the Identity of a Data Subject: A Look at What’s Reasonable in the Circumstances
What constitutes a reasonable request for further information for verifying identity? Do you need to ask for additional information in all circumst...
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Article and Insights
Amber Light for the EU’s Digital Green Certificate
EDPB and the EDPS release Joint Opinion on the EU's Digital Green Certificate.
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Land Development Agency Bill 2021 – What do you Need to Know?
The Land Development Agency Bill 2021 (Bill) has been published, which aims to put the Land Development Agency on a statutory footing. What are th...
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Consultant
Ciara McLoughlin
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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
Intense Regulatory Focus on Liquidity Risk Management Continues
Fund liquidity management is a hot button issue for local, EU and international regulators. See our analysis of the Central Bank's and ESMA's dema...
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Article and Insights
Is a Further PRIIPs Delay for UCITS Imminent?
UCITS become subject to the requirement to produce a PRIIPs KID on 1 January 2022. See our analysis of the latest developments and whether these a...
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Article and Insights
Employer Successfully Defends Mandatory Retirement Age Policy
This article examines a recent Labour Court decision in which the Court upheld an employer's mandatory retirement age policy.
Senior Associate
Richard Smith
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White Collar Crime & Investigations Summer 2021 Briefing
In our Summer 2021 briefing, our White Collar Crime & Investigations team have collated recent domestic and international developments in the area ...
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Walking Away From Loyalty Penalties – the End for Differential Pricing?
Central Bank of Ireland proposes that customers who remain loyal to their insurer are not penalised with higher prices
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Registration Requirements under the Medical Devices Regulation – Where Do We Stand?
In this article, we consider the current status of registration requirements for economic operators and devices under the Medical Devices Regulation.
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William Fry Announces Two New Partners
William Fry today announced the appointment of two new Partners across its Banking & Finance and Technology departments.
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EIOPA Publishes Analysis on National General Good Rules
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Article and Insights
COVID-19 and Commercial Tenancies – the Court’s View on Non-Payment of Rent
A decision of the High Court brings into sharp focus the difficulties experienced by both Landlords and Tenants of commercial properties during the...
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Article and Insights
EU Sustainable Investment Taxonomy: Will you Qualify as ‘Green’?
On 29 January 2020, the agreed text of the EU's framework for classifying which activities are 'green' or 'sustainable' (the Taxonomy) was publishe...
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Article and Insights
Virtual Asset Service Providers Become Subject to Registration Requirements and AML/CTF Obligations
On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish law and the new legislation requires v...
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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
An Employer’s Guide to Upcoming Changes to the Pensions Regulatory Landscape
IORP II will transform the pension landscape and create new challenges for employers in the management of their pension schemes. We examine some of...
Consultant
Ciara McLoughlin
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Long Distance Employment Relationships – Trouble in Remote-Working Paradise?
Employers based in Ireland whose employees relocated abroad while working remotely must now navigate a number of complex and novel tax, HR and empl...
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Article and Insights
IORP II – The Pensions Authority publishes final Code of Practice
IORP II full compliance picture revealed: we discuss the Pensions Authority's final Code of Practice and next steps for employers and trustees.
Consultant
Ciara McLoughlin
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Article and Insights
A Lookback at Data Protection for 2020: The DPC Publishes the 2020 Annual Report
The Data Protection Commission has published another annual report on what has been a challenging a year, and certainly a year of firsts for the body.
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SCSI Contracting for Surveyors – Current Trends 2021
Legal issues and trends to be considered when drafting and managing construction documents will reflect the risks associated with that project. Leg...
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New Government Legislation Programme: Industry & Sector Breakdown
The Government Legislation Programme for the Autumn 2021 session has been published.
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Article and Insights
IPHA’s Revised Code of Practice for the Pharmaceutical Industry
Taking effect on 1 March 2021, the IPHA have revised their Code of Practice for the Pharmaceutical Industry
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EU Agrees Optional Six-Month Deferral for DAC 6 Tax Reporting Deadlines
On 3 June 2020 EU member states agreed an optional six-month deferral for DAC 6 tax reporting deadlines
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Article and Insights
Return to Work: Dealing with a Confirmed Case of the Virus in the Workplace
50% of employers say their main data protection concern for returning to work is dealing with a confirmed COVID-19 case in the workplace. Here we d...
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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
Retail Re-opens – What’s Open and What are Retailers Obligations
On 8 June 2020 street retailers were permitted to open, we examine the types permitted to open and the obligations on those reopening.
Partner
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COVID-19 and an Overview of Contact Tracing Apps Across Europe
Contact tracing apps appear to be one of the various technological companions for progressive deconfinement for countries and organisations. Howeve...
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Important COVID-19 Update: Government Publishes Protocol for a Safe Return to Work
The Department of Business, Enterprise and Innovation has published a 'Return to Work SafelyProtocol' with guidelines for employers on how to manag...
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The Future of How Ireland Works Part 4: The Central Bank is Getting SEARious about Individual Accountability
As part of our Future of How Ireland Works series, our Employment lawyers discuss current issues of concern, from an employment legal perspective, ...
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Beauty Therapist Awarded €25,000 in Sexual Harassment Case
Aggravated by salon owner's blasé attitude, the WRC awards significant compensation to a beauty therapist in a sexual harassment case.
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FRAND or Foe: UK Supreme Court Confirms English Court’s Jurisdiction to Set global FRAND Rates
On 26 August 2020, the UK Supreme Court issued a landmark IP decision when it heard together the appeals from both Unwired Planet v Huawei and Conv...
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Chambers Employment Law Guide 2020 – Ireland
William Fry's Employment & Benefits Group were delighted to be asked to contribute the Ireland chapter of the Chambers Employment Law Guide 2020.
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Article and Insights
EU Solution To LIBOR Cessation & Non-EU FX Spot Rate Access
The EU has proposed amendments to the Benchmarks Regulation to address issues arising from the coincidence of Brexit and the cessation of LIBOR alo...
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Article and Insights
COVID-19: Company Law Changes
The temporary changes would allow electronic shareholder/creditor meetings and an extended period of protection for companies in examinership durin...
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Article and Insights
VAT Exemption for Management of Special Investment Funds – A Change in Approach?
An analysis for Irish fund management companies of the impact of the decision in the Blackrock VAT case.
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Article and Insights
The Future of How Ireland Works Part 1: The Programme for Government – Key Points for Employers and The Future of Work
In this article, the first in our new series The Future of How Ireland Works, we examine key employment-related proposals contained in the Programm...
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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
No More Playing Around: Significant Award of almost €100,000 in Gender Pay Discrimination Case
The WRC awarded compensation of almost €100,000 to the former general manager of a video game company who successfully claimed gender pay discrimin...
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Article and Insights
Content Moderation: Facebook Oversight Board Announced
The first members of Facebook's Oversight Board, established to review Facebook's content moderation decisions, have been revealed. Here is what y...
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Article and Insights
Ban City: Man City Banned from Champions League for breaches of Financial Fair Play
Manchester City F.C. have been banned from European competitions for two years and received a fine of €30m due to breaches of Financial Fair Play. ...
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Article and Insights
Do Sports Clubs’ WhatsApp Groups Breach the GDPR?
We consider whether sports clubs' WhatsApp groups are in breach of the GDPR and alternative options for clubs to consider.
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Article and Insights
Discovery: Time to Engage?
A number of recent cases focus on the need for meaningful engagement by the parties in the discovery process and consider what can be done to prote...
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Article and Insights
William Fry Submits Feedback to Consultation on Draft SCCs for International Data Transfers
William Fry submit feedback to the European Commission in respect of consultation feedback on the Commission's draft implementing decision on stand...
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Article and Insights
Schrems II: Court Orders the DPC to Pay Majority of Costs
The Data Protection Commission has been ordered to pay the majority of the costs in the litigation concerning the Schrems II decision. This follows...
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Managing Partner
Stephen Keogh
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Article and Insights
Invoice Finance – a Vital Source of Liquidity as Irish Businesses Emerge from the COVID-19 Lockdown
Our leading receivables finance team examines legal and other factors that may support growth in the Irish invoice finance industry as businesses e...
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Article and Insights
The New Programme for Government – a Significant Insurance Reform Agenda
In this article we consider the new Programme for Government which contains significant Insurance Reform proposals.
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Article and Insights
The Cost of the Coronavirus – To Pay or Not to Pay?
We consider whether employees are entitled to be paid when absent from work in various scenarios due to the coronavirus.
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Article and Insights
New Year, New Approach to Mandatory Retirement?
The continued trend of substantial compensation awards, against the backdrop of Ireland's ageing workforce and plans to increase the State pension ...
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Article and Insights
ESMA Publishes Guidelines On SFTR Reporting
On 6 January 2020, ESMA published its Level 3 Guidelines for compliance with the obligation to report securities financing transactions under the S...
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Article and Insights
Finance Bill 2020 Proposals – Improvements to the Practice & Procedure of the Tax Appeals Commission
Budget 2021 was announced on 13 October 2020. In addition to the budget, the Finance Bill 2020 proposes certain changes to the practices and proced...
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Article and Insights
To Interrogate or Not to Interrogate?
Further judicial guidance on the use of interrogatories in litigation.
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Article and Insights
Beginning of the End of the “Fishing Expedition”? English High Court offers DSAR Guidance to UK Data Controllers
A recent decision of the English High Court provides authority for data controllers in the UK to pushback on data subject access requests (DSARs) w...
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Article and Insights
Déjà Vu – Sectoral Employment Orders (SEOs) Declared Unconstitutional
The High Court has struck down the Electrical Contractors SEO and declared the relevant parts of the Industrial Relations Act 2015 unconstitutional...
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Article and Insights
Over the Rainbow. High Court Orders Twitter to Disclose Information About Parody Account
The High Court has ordered Twitter to reveal the identity of whomever is behind a parody account, after accepting arguments of allegedly abusive an...
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Article and Insights
Environmental Regulation and COVID-19 – An Overview
A month into the height of the COVID19 crisis in Ireland, how is the upheaval playing out in systems for environmental regulation and response? He...
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Article and Insights
COVID-19: Insurance Considerations – Part 2
Part 2: The impact of COVID-19 on insurance policies
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Article and Insights
COVID-19: Injunctive Relief During the Current Crisis
This article discusses a recent High Court order concerning an ex-parte application for an interim injunction arising out of circumstances related ...
Senior Associate
Marie McQuail
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Article and Insights
COVID-19: Data Protection Issues When Video Conferencing
In this article, William Fry specialists identify key data protection issues apparent during the recent global increase in video conferencing follo...
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Article and Insights
Central Bank Publishes QIAIF Consultation and New Q&As
The Central Bank has published a new consultation with draft guidance for PE funds and other closed-ended QIAIFs in addition to two new Q&As for ILPs.
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Article and Insights
ESMA Recommends Liquidity Action Items for Funds
Following its recent deep-dive liquidity review of corporate debt and property funds, ESMA has recommended that liquidity and valuation policies be...
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Article and Insights
Central Bank Publishes Insurance Newsletter
The Central Bank's first Insurance Newsletter of 2020 addresses COVID-19 uncertainty, emerging risks and other important updates for the insurance ...
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Article and Insights
How to Manage Pandemic-Related PCF Vacancies
Central Bank issues guidance on the appointment of temporary PCFs in the event of a pandemic-related PCF vacancy
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Article and Insights
‘It’s Not Me, It’s You’ Commercial Leases – Remedies for Landlords and Tenants
Gráinne Varian & Gerard James of our Litigation team discuss a number of issues we have seen arising on behalf of our clients, both from the Landlo...
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Article and Insights
Key Workplace and Income Support Updates for Employers and Employees
We outline the most recent developments to the COVID-19 income supports and other key considerations for employers as we enter Phase 2 of the Roadm...
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Article and Insights
Summary of Income Support Measures – COVID-19
We have prepared a snapshot summary infographic highlighting the State income supports currently available to employees and employers in the contex...
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Article and Insights
Absence Makes the Heart Grow Fonder? Recent Absence-Related Labour Court Dismissal Decisions Favour Employers
In three recent decisions, the Labour Court has found in favour of the employer and provided useful guidance to employers when it comes to managing...
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Article and Insights
How to Handle COVID-19 in the Workplace – Practical Guidance for Employers Update
Employers owe a statutory duty of care to all staff when it comes to employee health and safety at work – whether in respect of "essential" workers...
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Article and Insights
Legal News – January 2020
Welcome to the January 2020 edition of Legal News. We at William Fry aim to keep you up to date on legal developments that may affect you or your b...
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Article and Insights
National Minimum Wage to be Increased by 10 cent per hour from 1 January 2021
The Government has announced its approval to increase the National Minimum Wage by 10 cent per hour which will bring it to €10.20 per hour.
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Article and Insights
How do the EIOPA Guidelines on Cloud Outsourcing Impact Insurers and Reinsurers?
How do the EIOPA Guidelines on Cloud Outsourcing Impact Insurers and Reinsurers?
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Article and Insights
(Re)Insurance Intermediaries – Update on Changes to Central Bank Authorisation Form and Other Regulatory Requirements
This article highlights the recent changes to the Central Bank of Ireland's application process for authorisation and other regulatory requirements...
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Article and Insights
DAC 6 and its impact for (re)insurance undertakings and (re)insurance intermediaries
The European Union has introduced mandatory disclosure requirements for certain types of ‘disclosable transactions’ undertaken by tax payers.
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Article and Insights
Workplace Wellbeing Ireland Webinar
Catherine O'Flynn, Head of our Employment & Benefits department, recently joined a panel for a Workplace Wellbeing Ireland webinar to discuss a num...
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Article and Insights
Coping with COVID, A Prescription for Fund Managers and Fund Boards
The evolving COVID-19 crisis poses a profound set of challenges for all regulated financial service providers including UCITS managers and AIFMs (F...
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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
In Short: EIOPA Guidelines on Outsourcing to Cloud Service Providers
On 6 February 2020, EIOPA published its Guidelines on outsourcing to cloud service providers (the Guidelines).
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Article and Insights
Legal News – November 2020
We aim to keep you up to date on legal developments that may affect you or your business. Here are some of our recently published website articles ...
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Article and Insights
COVID-19 Concerns Bring About Code of Conduct for Commercial Rents
The Government has published a voluntary code of conduct for commercial leases with the aim of facilitating discussions between landlords and tenan...
Partner
Brian O’Callaghan
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Article and Insights
Central Bank of Ireland Publishes Supervisory Framework for COVID-19-related Business Interruption Insurance Claims
We explain the key features of the Central Bank of Ireland's new Supervisory Framework which sets out its expectations of Irish insurers in address...
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Article and Insights
Employee fails in Challenge to Constitutionality of the Workplace Relations Act 2015
In a significant decision, the High Court has dismissed an employee's claim that the Workplace Relations Act 2015 is unconstitutional.
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Article and Insights
EIOPA Raises Prospect of European Pandemic Insurance Scheme
In a recent interview, EIOPA chair declares that EU has key role in pandemic insurance to protect businesses in future outbreaks.
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Article and Insights
European Court finds Unfairly Dismissed Employees that are reinstated are Entitled to Accrued Annual Leave
The European Court of Justice (ECJ) provides clarity on whether workers are entitled to accrued paid annual leave for the period between the date o...
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Article and Insights
Legal News – May
Welcome to the May 2020 issue of Legal News. We aim to keep you up to date on legal developments that may affect you or your business. Here are som...
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Article and Insights
Employer FAQ’s – Pay Entitlements During COVID-19
We consider what employees are entitled to be paid in various scenarios arising from the impact of the COVID-19 pandemic.
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Article and Insights
COVID-19 & Cybersecurity: Key Threats and Practical Tips When Working Remotely
In this article, William Fry experts consider key cybersecurity risks presented by the recent global increase in remote working following the outbr...
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Article and Insights
Revised Shareholders’ Rights Directive: Changes introduced for Traded PLCs
New rules to encourage long-term shareholder engagement and increase transparency in traded companies.
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Article and Insights
COVID-19: Remote Trials To be Tested
Further welcome developments to ensure the courts continue to operate during the Coronavirus outbreak.
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Article and Insights
Force Majeure Clauses: Contracting Against the Coronavirus
Practical advice concerning whether companies can rely on force majeure clauses to remedy a breach of contract if their business is affected by Cor...
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Article and Insights
Spring Pensions Briefing
In our Spring Pensions Briefing, our team consider the likely implications of the McCloud and Bauer cases on the Irish pensions regime, and provide...
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Article and Insights
COVID-19 Legislation Modernises Litigation Practice and Procedure
Video: Sarah Twohig and Rebecca MacCann of our Litigation & Dispute Resolution team, discuss some of the challenges faced when litigating in the CO...
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Article and Insights
Brexit Impasse – European Commission Commences Infringement Proceedings Against the UK
This article considers the recent decision of the European Commission to commence infringement proceedings against the United Kingdom and examines ...
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Article and Insights
Back in the Spotlight – the role and duties of Expert Witnesses
A recent decision of the Technology and Construction Court in England and Wales puts the role of expert witnesses and the interplay of conflicts of...
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Article and Insights
Co-operation and Early Engagement with the Central Bank are Key in Enforcement Actions
We review the Central Bank's most recent enforcement action and take a look at the importance of early engagement and co-operation as factors consi...
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Managing Partner
Stephen Keogh
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Article and Insights
EU Supervisors Consult on Funds’ & Fund Managers’ ESG Disclosure Obligations
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Regulator’s Attempt to Claim Special Exception to Privilege Rejected
A recent English Court of Appeal decision considered whether a new exception for legal professional privilege could apply to a regulatory body. The...
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Article and Insights
WADA’s Anti-Doping Rules Not So Dope According to the EU Data Protection Watchdog
The EU's Data Protection authorities express concerns in relation to the World Anti-Doping Code's compatibility with the GDPR.
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Article and Insights
Legal News – February 2020
Welcome to the February 2020 edition of Legal News. We at William Fry aim to keep you up to date on legal developments that may affect you or your ...
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Article and Insights
ESMA Recommends UCITS Managers & AIFMS in-scope for MiFID Requirements
ESMA has recommended that the European Commission extend the scope of ESMA's (and national regulators') power under MiFID to restrict or prohibit t...
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Differential Pricing in the Irish Insurance Market – the Beginning of the End?
The Central Bank of Ireland recently issued a Dear CEO letter setting out immediate actions to be taken by insurers and intermediaries arising from...
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Article and Insights
No-Deal 2.0 Checklist: A Q&A for Irish Investment Funds & Fund Management Companies
As the end of the UK/EU transition period draws near, fund promoters and management companies can use our Q&A checklist tool to do a health-check o...
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Article and Insights
EU Member States Declare Support for a Next Generation European Cloud Service
The European Commission has welcomed the joint declaration by EU Member States, pledging to fund and develop cloud infrastructure in Europe and to ...
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Article and Insights
COVID-19 and a Changing Workplace: Face Coverings – What’s The Latest Position?
Following on from public health guidance published in May 2020, what's the current position when it comes to face coverings. When is it mandatory a...
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Article and Insights
CAS Overturns FAI Match-Fixing Suspension Against Former Athlone Town Goalkeeper
The Court of Arbitration for Sport has set aside the FAI's 12-month suspension of former Athlone Town goalkeeper for alleged match-fixing offences
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Article and Insights
Just 25% of Employers Feel Prepared for Employees’ Return to the Workplace
The findings are based on a survey conducted by William Fry on a webinar hosted by Walters People on health & safety, employment law and data prote...
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Article and Insights
Legal News – March 2020
Welcome to the January 2020 edition of Legal News. We at William Fry aim to keep you up to date on legal developments that may affect you or your b...
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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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Return of the (Super)Mac’s: McDonald’s Won’t Appeal Ruling on ‘MC’ Trade Mark
McDonald's has decided not to appeal against the European Union Intellectual Property Office's (EUIPO) decision to invalidate in part its 'MC' trad...
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Improved Access to Affordable Medicines – EU Proposes Radical Action
EU Commission releases its Pharmaceutical Strategy for Europe, marking the first step in its proposed overhaul of the pharma regulatory framework.
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Lights Out for Illegal Streaming of European Soccer Matches as UEFA Secures High Court Order
European football's governing body UEFA secured a High Court order requiring several internet service providers to block the illegal live streaming...
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Data Protection Commission Finds Prison Security System in Breach of GDPR
The Data Protection Commission has found a security system used in Irish prisons, which involves the scanning of thumbprints, to be in breach of th...
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Article and Insights
William Fry Submission on CBI CP131
William Fry's submission on CP131 "Regulations for pre-emptive recovery planning for (re)insurers"
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Is the Future of Irish Court Hearings Hybrid?
The Civil Law and Criminal Law (Miscellaneous Provisions) Act 2020 is effective from 21 August 2020, with the exception of certain provisions to be...
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Article and Insights
ESRB Letter to EIOPA on Liquidity Risks in the Insurance Sector
ESRB recently published a letter to EIOPA regarding liquidity risks to (re)insurers in light of the COVID-19 pandemic.
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GDPR Stock Take (Part 1): Data Protection Commission Publishes Two-year Regulatory Review
The Data Protection Commission (DPC) and the European Commission (EC) have recently published reports reviewing the application and enforcement of ...
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Article and Insights
Digitalisation in the (Re)Insurance Sector Part 2 – Key Opportunities
In Part 2 of our series on Digitalisation in the (Re)Insurance Sector we assess what impact the increased digitalisation of insurance activities wi...
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Digitalisation in the (Re) Insurance Sector – Part 1- Key Challenges
In the first part of this 2-part series on Digitalisation in the (Re)Insurance Industry we assess what impact the increased digitalisation of insur...
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Article and Insights
Legal News – June
Welcome to the May 2020 issue of Legal News. We aim to keep you up to date on legal developments that may affect you or your business. Here are som...
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Article and Insights
COVID-19: Time Limits Paused Across the Planning and Development System
An emergency proposal to mitigate COVID-19 disruption to planning and development – a freeze on time limits across the system - has been expedited ...
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Article and Insights
Access to Capital: Guidelines on Non-Pre-Emptive Issuances Temporarily Relaxed in light of COVID-19
Temporary relaxation of the Pre-Emption Group guidelines on non-pre-emptive issuances should facilitate quick access to capital for listed companies.
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Article and Insights
Introduction of Statutory Sick Pay in 2021 – What Employers Need to Know
The Irish Government has announced that it is committed to introducing statutory sick pay by the end of 2021. A consultation process with stakehol...
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National Transport Authority Welcomes Stakeholder Input on New COVID-19 Taxi Regulations
The National Transport Authority is proposing new regulations to ease some of the obligations placed on small public service vehicle licence holder...
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Impact of Behaviour on Fines Imposed by the Central Bank
The Central Bank recently imposed a significant fine on KBC Bank Ireland Plc arising out of its handling of tracker mortgage accounts. In this art...
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Article and Insights
The Future of How Ireland Works Part 2: The Impact of COVID-19 on Gender Equality in the Workplace
We look at how the policies and initiatives contained in the 'Programme for Government – Our Shared Future' may provide an opportunity to address t...
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Article and Insights
European Regulatory Regime for Credit Rating Agencies in respect of Insurance and Reinsurance and the Impact of COVID-19
Credit rating agencies have an important role in supplying commentary regarding the credit ramifications of COVID-19. In this article, we examine h...
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Article and Insights
Expert Exposure: Protecting Privilege in Expert Evidence
A recent Court of Appeal decision considers the position of a proposed expert witness for the plaintiffs who was already retained by the defendant ...
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COVID-19: Remote Swearing of Affidavits – Changes Ahead?
This article looks at whether remote swearing is permitted in Ireland in light of the COVID-19 pandemic and what can be done to address the issue o...
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Electronic Money Institution Authorisations in Ireland
William Fry's Financial Regulation Unit provides an overview of the process and requirements for securing authorisation as an electronic money inst...
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Article and Insights
Insight on the Temporary COVID-19 Wage Subsidy Scheme
Catherine O'Flynn, our Head of Employment & Benefits, was on RTÉ's Drivetime with Barry Linehan on Friday evening offering some useful insight on t...
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Article and Insights
UK Update – Prudential and Rothesay Life to Appeal Transfer Refusal
Prudential Life Assurance Company Ltd and Rothesay Life plc are to appeal the High Court of England and Wales' refusal to sanction the proposed tra...
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Publication of New Capital Markets Union Action Plan
The European Commission's recent publication of its “new, ambitious” Capital Markets Union Action Plan is welcome news for the Irish insurance sector.
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How COVID-19 has Changed Company Law and Corporate Governance Rules
At a virtual CounselConnect Conference over 150 in-house legal counsel from across Ireland heard how COVID-19 had necessitated changes in company l...
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Article and Insights
Opening Remarks at the CBIs 2020 Insurance Industry Briefing
CBI Director of Insurance Supervision, Domhnall Cullinan, provided the opening remarks at the CBI's 2020 Insurance Industry Briefing
Senior Associate
Catherine Carrigy
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No “Negotiation” for the Court of Justice of the European Union on Commercial Agent Status
This article discusses a recent decision of the Court of Justice of the European Union confirming that a commercial agent does not need to be able ...
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Low Rate of Notified Body Designations under MDR and IVDR Causes Bottleneck Concerns for the European MedTech Industry
Continuing our series of publications, in this briefing we explore which EU Notified Bodies have been designated under the new Medical Devices and ...
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Update: Parental Leave (Amendment) Act 2019 Extends Parental Leave Entitlement to 26 Weeks From Today
The Parental Leave (Amendment) Act 2019 further extends parental leave entitlement to 26 weeks from today
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Article and Insights
Legal News – July
We aim to keep you up to date on legal developments that may affect you or your business. Here are some of our recently published website articles ...
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Article and Insights
Second Shareholders’ Rights Directive – Implications for Life Insurers and Life Reinsurers
This article considers the implications for life (re)insurers following the implementation of the Second Shareholders' Rights Directive
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Article and Insights
COVID-19 – An Inadvertent Moratorium on Forfeiture?
We consider the impact of the Emergency Measures in Public Interest (COVID-19) Act 2020 on commercial tenancies and whether it has created an inadv...
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Article and Insights
Capital Acquisition Tax (“CAT”) Dwelling House Exemption
The qualifying conditions for the dwelling house exemption have changed with effect from 18 December 2019. The changes were introduced following a ...
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Article and Insights
Extension of Filing Deadline for Funds Utilising the De Minimus Limit Rules
Revenue extends eight year deemed disposal reporting deadline for Irish funds
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Article and Insights
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Article and Insights
New Consumer Protection Measures Have Come into Effect
New rules which mandate financial intermediaries to disclose commission arrangements came into effect on 31 March 2020.
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Article and Insights
COVID-19: The Doctrine of Frustration
We consider whether the doctrine of frustration may provide a resolution where the performance of a contract is affected due to effects of the Coro...
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Article and Insights
Force Majeure – A Sledgehammer to Crack a Nut?
A good business relationship may take years to establish. Once the global Coronavirus crisis ends, businesses will want to return to normal as soon...
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Article and Insights
Employment & Benefits 12 Days of Christmas – Maternity/Discrimination
In the fourth instalment of our 12 Days of Christmas series, we look at the Labour Court's decision in G4S Secure Solutions (Ireland) Ltd v Kelly E...
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Article and Insights
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Article and Insights
ISDA Master Agreements and Competing Jurisdiction Clauses – What Jurisdiction Wins?
The English Court of Appeal in BNP Paribas S.A. v Trattamento Rifiuti Metropolitani S.P.A. EWCA Civ 768, has clarified when there are competing ju...
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Article and Insights
Central Bank Bans Director Deemed Not of Appropriate Fitness and Probity & Other Topical Briefings
Welcome to the November 2019 edition of our monthly update from the Asset Management & Investment Funds team.
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Article and Insights
U.S. Ambassador to Ireland Calls for Greater Investment in the US by Irish Companies
Speaking in William Fry’s Grand Canal headquarters, His Excellency Mr. Edward Crawford, U.S. Ambassador to Ireland, told delegates: “America is sti...
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Article and Insights
First Concrete Steps Taken To Implement EU Sustainable Finance Action Plan
On 9 December 2019, the first of the legislative measures in the EU's Sustainable Finance Action Plan were published.
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Article and Insights
A New Regime For The Protection Of Whistleblowers
EU Whistleblowing Directive, effective 16 December 2019, introduces obligations to facilitate and support whistleblowing.
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Article and Insights
Increased Obligations for Retailers this Christmas with the Introduction of New Gift Voucher Legislation
Traders will need to update their terms and conditions as the Consumer Protection (Gift Vouchers) Act 2019 introduces new rules and enhanced protec...
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Article and Insights
Saracens Salary Sins – Saracens Fined for Salary Cap Breach
Reigning Premiership champions Saracens have been fined £5,360,272.31 and deducted 35 points after an Independent Disciplinary Panel found that it ...
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Article and Insights
Supreme Court Cleans House
This article discusses various cases where issues of practice and procedure in commercial litigation arose for consideration by the Supreme Court t...
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Article and Insights
Corporate Immigration Update: Employment Permits (Consolidation and Amendment) Bill 2019
A new bill published this week proposes to introduce some new employment permit types, waive the 50:50 rule in specified circumstances and streamli...
Consultant
Alicia Compton
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Article and Insights
The Data Protection Commission Issues Guidance on Requesting Personal Data from Prospective Tenants
The Data Protection Commission has issued guidance to assist landlords in understanding what information they may request from prospective tenants.
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Article and Insights
Legal News – November 2019
Welcome to the November 2019 edition of Legal News. We at William Fry aim to keep you up to date on legal developments that may affect you or your ...
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Article and Insights
Beneficial Ownership: Are You Ready to File?
Failure to file beneficial ownership information by 22 November could result in a fine of €500,000
Senior Associate
Deirdre Mooney
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Article and Insights
Participants Accept Inherent Risks of Fox Hunting
High Court held that voluntary participation in fox hunting brought acceptance of the inherent risks involved.
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Article and Insights
No-deal Brexit ready? A Q&A for Irish Investment Funds
A 'ready-reckoner' to help funds and their managers conduct a health-check of existing arrangements if a no-deal Brexit does happen.
