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Legal Updates & Insights

  • Recent developments in Professional Indemnity (PI) insurance in the Irish construction industry
    article

    Recent developments in Professional Indemnity (PI) insurance in the Irish construction industry

    The Irish construction Professional Indemnity (PI) insurance market has been noticeably hardening in recent years. Having enjoyed quite a lengthy period of relatively stable market conditions, it is our experience that many insurance companies are now tightening their policy terms, increasing premiums and overall are seemingly more reluctant to underwrite the same level of risk.

    Construction
  • article

    EBA opinion on ML/ TF risks affecting the EU financial sector, EBA revised Guidelines on ML/ TF risk factors

    The EBA published its opinion on the ML/TF risks that are affecting the EU's financial sector. This opinion sets out suggested actions addressed to national competent authorities (NCAs), based on the findings set out in the report annexed to the opinion.

    Asset Management & Investment Funds
  • Article

    Central Bank Consumer and Investor Protection Priorities

    Director General for Financial Conduct, Derville Rowland, outlined the Central Bank of Ireland's (Central Bank) priorities for consumer and investor protection for 2021 at an online event on 16 March 2021.  The priorities for consumer and investor protection for 2021 include a review of the Consumer Protection Code, a focus on the insurance industry and progressing enforcement cases. 

    Financial Regulation
  • Article

    Supreme Court Clarifies when new arguments and new evidence can be admitted in Non-Plenary Appeals

    In delivering its judgment in Ennis vs Allied Irish Bank plc1 , the Supreme Court provided useful guidance as to the tests to be applied when assessing whether new arguments and new evidence may, in certain circumstances, be adduced in an appeal against a summary judgment and / or an interlocutory order. 

    Disputes
  • article

    Supreme Court confirms that Irish security for costs orders are compatible with EU law

    The Supreme Court this week delivered judgment in two separate security for costs appeals.

    Disputes
  • Article

    Five things you might not have known about Brexit’s Trade and Cooperation Agreement

    Despite being announced on 24 December 2020 and signed on 30 December 2020, the TCA is still not in full force.  For example, it is still only "provisional". The European Parliament and the European Council have yet to sign off on the document. It is expected that they will sign off by the end of April 2020. So, Brexit is not yet done!

    Brexit
  • COVID-19: Remote courts are here to stay
    article

    COVID-19: Remote courts are here to stay

    In a series of articles last year, we explored the development of remote courts in Ireland as a result of the pandemic. Twelve months on, it seems that remote courts are here to stay. In this update, we address the recent decisions and legislation which have reinforced and expanded the use of remote courts and we consider what the future might hold.

    COVID-19
  • article

    CCPC publishes its Consumer Protection List for 2020

    On 9 March 2021, the Irish Competition and Consumer Protection Commission (CCPC) published its Consumer Protection List for the period 1 January to 31 December 2020.

    EU, Competition & Procurement
  • Article

    Updates to the Irish Collective Asset-management Vehicles Act 2015 (‘ICAV Act’)

    To secure Ireland’s competitiveness in international financial services, the Investment Limited Partnerships (Amendment) Act ('2020 Act') has made several improvements to the ICAV Act.

    Asset Management & Investment Funds
  • publication

    Cartels and Leniency Law in Ireland 2021

    Dr Vincent Power, Head of A&L Goodbody's EU, Competition & Procurement Group, provides an overview of the legal framework, policies and guidance in relation to cartels and leniency law in Ireland.

    EU, Competition & Procurement
  • article

    Pharma mergers: International working group formed to review how pharma deals are reviewed on competition grounds

    Some mergers and acquisitions in the pharma sector have proved challenging and controversial. Given the impact of COVID-19, it is likely that pharma deals will be scrutinised even more thoroughly now and in the future by the various national and international competition agencies.

    EU, Competition & Procurement
  • article

    Social media advertising and marketing – when to #hashtag and when not to?

    In these pandemic times, it is not surprising that Irish consumers are flooding the digital high street seeking out the latest trends and treats.

    Disputes