Legal Updates & Insights: P1200 -A&L Goodbody LLP

Legal Updates & Insights

  • article

    Lawful demand made in good faith does not amount to economic duress

    ​In ​Times Travel (UK) Ltd v Pakistan International Airlines Corporation [2019] EWCA Civ 828 ​the Court of Appeal found that ​a lawful act, done in good faith did not ​constitute illegitimate pressure giving rise to a right of avoidance of a contract on the basis of economic duress. ​Background The defendant was the only airline flying directly between the UK and Pakistan. The plaintiff's bus...

    Disputes
  • article

    Expert Focus: Brexit, UK-REACH and the impact of regulating the use and supply of chemicals in Ireland

    31 October is the new date fixed in UK and EU law for the UK's departure from the bloc. At this stage, the terms remain unsettled. The Withdrawal Agreement, agreed in draft with the EU at the end of 2018, has now been rejected three times by the UK Parliament. EU leaders insist that, by 31 October, the UK must choose whether to ratify the exit treaty, opt for a no-deal Brexit or cancel its depa...

    Brexit
  • publication

    Guide to Securitisations in Ireland 2019

    Peter Walker, Partner, and Sinéad O'Connor, Partner in the Finance Department provide an Irish legal guide to securitisations. They review areas of interest such as asset sales, special rules, insolvency laws, security issues, regulatory issues, taxation and Choice of Law – receivable contracts and receivables purchase agreements.

    Capital Markets - Debt
  • article

    New updated and consolidated Central Bank UCITS Regulations

    S.I. No. 230 of 2019, Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2019 (the Central Bank UCITS Regulations) are effective from 27 May 2019 with some transitional provisions.

    Asset Management & Investment Funds
  • article

    Asset Management & Investment Funds Q&A: May 2019

    Has there been a change recently to the list of jurisdictions from which investment companies can re-domicile to Ireland?

    Asset Management & Investment Funds
  • article

    Asset Management & Investment Funds: Irish Practice Developments: May 2019

    Irish Practice. EMIR Refit deadline, Central Register of Beneficial Ownership, Central Bank Speeches, FATCA and DAC2-CRS.

    Asset Management & Investment Funds
  • article

    Asset Management & Investment Funds: EU & International Developments: May 2019

    ESG amendments to the UCITS Directive and AIFMD, Shareholders' Rights Directive, ESMA speeches and newsletter, Brexit and TPR, EU Legislative Proposals, Foreign Direct Investment screening, AML/ CFT.

    Asset Management & Investment Funds
  • article

    Brexit Update – The Current Status of the Common Travel Area

    When it comes to what the post-Brexit landscape will look like for employers with British employees on Irish soil (and vice versa), the question of immigration status remains high on the agenda.

    Brexit
  • article

    Court of Appeal upholds finding of defamation, makes declaration of breach of constitutional right to privacy

    ​In Nolan v Sunday Newspapers Ltd [2019] IECA 141, Peart J. found for the court that the High Court (O'Connor J sitting without a jury) had been correct in holding that two publications by the defendant were defamatory, in that they had given the impression that the plaintiff was 'a principal organiser of orgies in the State with a lurking undertone of criminality'.

    Disputes
  • article

    Second Shareholders’ Rights Directive

    SRD II contains transparency provisions which are applicable specifically to AIFMs, UCITS ManCos and SMICs.

    Asset Management & Investment Funds
  • article

    Supreme Court upholds Ireland’s mandatory reporting obligation for serious crimes

    Ireland has unique mandatory reporting laws. These laws require individuals/entities to report to the authorities certain information concerning third parties' involvement in certain crimes, including 'white collar' crimes, unless they have a 'reasonable excuse' for not doing so.

    Disputes
  • article

    Recording “Working Time” – important new EU decision clarifies the law

    Last week the European Court of Justice (the CJEU) delivered a significant judgment that all employers need to be aware of. In short, the CJEU held that employers must have a suitable system in place to ensure they are recording employees' daily and weekly working hours. As Ireland's working time legislation already requires employers to keep such records, this case may not have the...

    Employment