Legal Updates & Insights: P1152 -A&L Goodbody LLP

Legal Updates & Insights

  • article

    The Climate Action Plan 2019: Electricity and Renewables

    On 17 June 2019, the Irish Government published the '2019 Climate Action Plan' and an 'Annex of Actions' together "the Plan") setting out a cross-sector suite of objectives and actions aimed at reducing Ireland's carbon emissions. The Plan includes a number of new – and existing – measures that will have broad implications for the electricity sector.

    Energy & Natural Resources
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    The Climate Action Plan 2019: Data Centres

    The Climate Action Plan 2019 (the Plan) references Data Centres (DCs) in different contexts.

    Data Centres
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    The Climate Action Plan 2019: Construction and Housing

    The Climate Action Plan addresses the need to improve energy efficiency of buildings by meeting higher energy performance standards and by increasing retrofit activity.

    Energy & Natural Resources
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    The Climate Action Plan 2019: Agriculture, Forestry and Land Use

    The Climate Action Plan 2019 references Agriculture in various contexts.

    Energy & Natural Resources
  • article

    ICO announces biggest GDPR fines to date

    In the past two days, the UK Information Commissioner’s Office (ICO) has issued (potential) GDPR fines of £183.39m and £99.2m on British Airways (BA) and Marriott International Inc., respectively. These are the first fines to be issued by the ICO under the GDPR, and the biggest fines issued by an EU Data Protection Authority (DPA) to date.  As the fines affected individuals in multiple Member S...

    Commercial & Technology
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    Despite inordinate and inexcusable delay, High Court refuses to dismiss claim for want of prosecution

    In Grant v Minister for Communications, Marine and Natural Resources [2019] IEHC 468, Pilkington J found that although there had been inordinate and inexcusable delay in prosecuting the plaintiff's 16-year-old proceedings, the balance of justice lay in allowing the claim to proceed. The court's finding was based to a large extent on the fact that at the date of hearing of the motion, the proce...

    Disputes
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    Dublin reaffirms its credentials as a key EU restructuring venue

    The recent approval by the Irish High Court of a scheme of arrangement that restructured US$1.65bn liabilities of Ballantyne Re plc (Ballantyne) confirms Dublin as one of the most effective restructuring venues in the EU.

    Restructuring & Insolvency
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    BEWARE: The Unintended Consequences of Full & Final Settlement Clauses!

    Full and final settlement clauses are standard in agreements that settle construction disputes. Current market practice is to include in a settlement agreement a full and final settlement clause in the broadest language possible, in order to avoid parties whose relationship has broken down returning to the negotiation table with additional claims in the future.

    Construction
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    Holiday Pay: the Saga Continues

    Almost every employer in Northern Ireland will be aware of the recent developments coming from the NI Court of Appeal relating to the calculation of holiday pay within the PSNI (NICA Decision).

    Belfast
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    Financial Services Regulation and Compliance - Investment Firms June 2019

    Domestic News – Director of Asset Management and Investment Banking of the CBI spoke about the approach that the CBI are taking to ensuring they keep ahead of the changing regulation climate. European News – ESMA issued numerous statements relating to different areas of MiFID II including transparency issues, volume cap data, derivatives to be traded on-venue, and launched a common supervisory...

    Finance
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    Financial Services Regulation and Compliance - Cross Sectoral June 2019

    Domestically, the CBI issued correspondence in relation to the timeline for the final Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Guidelines for the Financial Sector. In European news there have been numerous developments on a European level, including the introduction by the EU Commission of the CRD, CRR, and the Single Resolution Mechanism Regulation (SRMR).

    Financial Regulation
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    Financial Services Regulation and Compliance - Insurance June 2019

    Domestically, The CBI published its quarterly insurance newsletter and the general good rules pertaining to the Insurance Distribution Directive (IDD). There were many notable developments, including the European Insurance and Occupational Pensions Authority (EIOPA) publishing its 2018 Annual Report, a consultation paper relating to Solvency II and monthly technical information relation to...

    Financial Regulation