On 21 July 2020, the Irish High Court approved a scheme of arrangement for the world's biggest regional aircraft lessor Nordic Aviation Capital DAC (NAC).
Aviation & Transport FinanceInsurers entering into contracts of insurance with consumers in the Irish market will be impacted by changes to Irish law that will come into effect on 1 September 2020.
Insurance & Reinsurance
Our EU, Competition & Procurement team has published a very useful guide for business leaders on the State aid packages granted by various EU Member States and the UK which have been approved by the European Commission. This guide will be updated over time.
COVID-19The Court of Justice of the European Union has delivered its eagerly awaited decision, in Schrems II (Case C-311/18).
Technology
The Department of Business, Enterprise and Innovation has published the general scheme of proposed legislation amending the Companies Act 2014. The Companies and Industrial and Provident Societies (COVID-19) (Amendment) Bill 2020 (the Bill) proposes to introduce temporary measures aimed at mitigating the impact of the COVID-19 pandemic...
Corporate & M&AThe European Commission is currently consulting on a proposal for a new power (the NCT) that would allow them to impose behavioural and structural remedies in markets where they have identified certain competition issues.
EU, Competition & Procurement
Demand for facemasks and Personal Protective Equipment (PPE) has soared due to COVID-19. This seems likely to continue due to Government regulation...
COVID-19
In response to the disruption caused by COVID-19, the European Council has approved an optional six-month deferral period for the rules regarding the mandatory filing and exchange of information on reportable cross-border tax arrangements under DAC6.
COVID-19Some two years after the European Commission published its final draft proposal to introduce collective redress actions for consumers, and after much negotiation and lobbying, the European Parliament and Council negotiators agreed on 22 June 2020 to a reworked proposal allowing consumers to defend their rights collectively.
DisputesThere are few moments in a courtroom as dramatic as when a jury foreman rises to deliver the verdict. Years of legal argument, emotional and financial investment culminate in one climactic moment...
Disputes
We have issued a number of recent publications which have sought to provide comfort and practical guidance around directors' duties in the current uncertain environment. In our note Board Business: Directors’ duties, practical mitigation steps and assessment of financing arrangements, we explored the position of directors of companies with solvency issues and the steps that should be taken by a bo
Corporate & M&A
