When is a rescission not a breach? The Court of Appeal clarifies the test for repudiatory breach in Eminence Property Developments Ltd v Heaney (12/21/2010)
A repudiatory breach occurs where one party makes clear his intention no longer to perform his side of the bargain.

President signs Prevention of Corruption (Amendment) Act 2010 into law (12/21/2010)
The Prevention of Corruption (Amendment) Act 2010 (the Act) was signed into law by the President on 15 December 2010.

Credit Institutions (Stabilisation) Bill, 2010 (12/21/2010)
The Credit Institutions (Stabilisation) Bill, 2010 was passed by both Houses of the Oireachtas on Thursday 16 December and was then referrred by the President Mary McAleese to the Council of State.

Appeal against Commercial Court ruling in McKillen/NAMA case (12/15/2010)
As previously reported, in November the Commercial Court rejected the legal challenge taken by Mr. Paddy McKillen and 15 of his companies in which he sought to prevent some of his loans being transferred to the National Asset Management Agency (NAMA).

New Corporate Governance regime to apply to listed Irish public companies (12/07/2010)
The Listing Rules of the Irish Stock Exchange (ISE) have for many years required companies on its Main Securities Market (MSM) to "comply or explain" against the UK Combined Code on Corporate Governance.

Government announces independent review of Registered Employment Agreements (REAs) and Employment Regulation Orders (EROs) (12/07/2010)
The Government has announced that it expects to finalise very shortly the terms of reference for an independent review of statutory wage fixing mechanisms and agreements.

UK's Information Commissioner issues first monetary penalties for serious data protection breaches (11/30/2010)
On 24 November 2010, the UK's Information Commissioner issued two organisations with substantial fines for serious breaches of the UK Data Protection Act 1998.

Government launches consultation paper on Temporary Agency Workers legislation (11/23/2010)
The Government has launched a consultation paper dealing with aspects of the Temporary Agency Workers Directive and is seeking submissions from interested parties.

Law Reform Commission publishes Report on ADR (11/23/2010)
On 16 November, the Law Reform Commission (LRC) launched two Reports, one on Alternative Dispute Resolution: Mediation and Conciliation, and the other proposing Consolidation and Reform of the Courts Acts.

Draft Waste Management (Waste Framework Directive) Regulations 2010 published (11/16/2010)
The Department of the Environment, Heritage and Local Government has recently published Draft Regulations which seek to transpose the revised EU Waste Framework Directive into Irish law.

 

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