Legal Updates & Insights: P60 -A&L Goodbody LLP

Legal Updates & Insights

  • article

    Oppressed minority shareholder could buy out majority shareholder

    In the recent case of Mascarenhas v Karim and Anor, the Court of Appeal upheld a High Court finding of shareholder oppression under section 212 of the Companies Act 2014 against an individual who was neither a shareholder nor a director of the company.

    Corporate and M&A
  • article

    TAC determination: VAT recovery entitlement

    The TAC issued its determination recently in relation to an appeal concerning the entitlement of an Irish plc holding company to recover VAT incurred on certain transaction and ongoing costs.

    Tax
  • Article

    Financial Services Regulation and Compliance - Funds June 2022

    In domestic news, the CBI is engaging with Irish Funds in respect of its current guidance on filings relating to taxonomy alignment disclosure.

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Insurance June 2022

    In domestic news, the long-awaited Insurance (Miscellaneous Provisions) Bill 2022 passed Report and Final Stages in the Dáil on 2 June 2022 and President Michael D Higgins signed it into law as the Insurance (Miscellaneous Provisions) Act 2022 (the Act) on 27 June 2022.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - General Cross Sectoral June 2022

    In domestic news, on 29 June 2022, the CBI hosted the inaugural meeting of the Climate Risk and Sustainable Finance Forum. The forum is a consultative forum for building a shared approach to the understanding and management of the risks and opportunities posed by climate change to the financial system.

    Financial Regulation
  • Article

    Financial Services Regulation and Compliance - Investment Firms June 2022

    In domestic news, on 23 June 2022, the CBI published the final form of the third edition of the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Investment Firms) Regulations 2022 (the CAR 2022).

    Asset Management & Investment Funds
  • Article

    Financial Services Regulation and Compliance - Banking June 2022

    In domestic news, on 29 June 2022, the CBI welcomed the statement from the Banking and Payments Federation Ireland (BPFI) following the CEO roundtable meeting. At the meeting, the retail banks set out the programme of work being undertaken by sector to manage the migration of personal and business bank accounts.

    Finance
  • audio

    No hiding from minority oppression – husband of shareholder found guilty of oppression

    This ALG Soundbite considers the recent case of Mascarenhas v Karim and Anor, where the Court of Appeal upheld a High Court finding of shareholder oppression under section 212 of the Companies Act 2014.

    Corporate and M&A
  • publication

    Digital finance update: Provisional agreement reached on MiCA and transparency of crypto-asset transfers

    The Council presidency and the European Parliament recently reached provisional agreements in respect of the markets in crypto-assets regulation (MiCA), and the regulation on information accompanying transfers of funds (FTR).

    Financial Regulation
  • article

    Company law reform under the Corporate Enforcement Authority Act

    The Corporate Enforcement Authority has been established and the Companies (Corporate Enforcement Authority) Act 2021 (the Act) commenced by way of Ministerial orders, which were signed by the Tánaiste on 5 July and 6 July respectively.

    Corporate and M&A
  • podcast

    Ireland’s new Corporate Enforcement Authority: what’s changed?

    The new Corporate Enforcement Authority has been established by Ministerial Order and Ian Drennan has been appointed as Chief Executive of the Authority.

    Corporate and M&A
  • Article

    Overhaul of the Irish Takeover Rules: Summary of key changes taking effect on 22 July 2022

    The Irish Takeover Rules are being significantly amended for the first time since 2013. The Irish Takeover Panel has recently confirmed that the changes will come into effect on 22 July 2022.

    Corporate and M&A