Oct 2015

Article

SPV Osus Limited -v- HSBC International Trust Services (Ireland) Limited & ors [2015] IEHC 602 arose out of the Madoff fraud. Optimal Strategic US Equity Limited (OS) invested nearly all of its assets in Madoff funds and had a claim as an unsecured, non-preferential, creditor in the Madoff bankruptcy (the Allowed Customer Claim).

Oct 2015

Article

In Des Hennessey v Building Contractors Ltd v O'Beirne [2015] IEHC 596, the Irish High Court considered whether the arbitrator had been validly appointed and whether the petitioner was entitled to enforce an arbitral award as a debt through the bankruptcy summons procedure.

Oct 2015

Article

The High Court, in a decision handed down on 28 September last, granted an injunction to the petitioner, Petroceltic International Plc preventing the holding of an Extraordinary General Meeting (EGM) that had been called by the defendant, Worldview Capital Management SA (Worldview), a 29.44% shareholder in the Company.

Oct 2015

Article

Model Contracts are standard contractual clauses for the transfer of personal data outside the EU/EEA which have been approved by the European Commission.

Oct 2015

Article

UCITS V is set to be transposed into law by 18 March 2016 and clients are now beginning to plan and prepare for its impact from a depositary perspective.

Oct 2015

Article

Over the past number of years, electronic cigarettes (often referred to as 'e-cigarettes') have become increasingly popular across the world, and in particular, throughout the UK, following the 'smoking ban' implemented in 2007.

Oct 2015

Article

From an employer's perspective, the most significant change is the increase in the minimum wage. The increase was well flagged as the publication of the Low Pay Commission's first report in July of this year recommended an increase of 50 cent (representing a 5.8% increase) to bring the national minimum wage from €8.65 to €9.15 per hour.

Oct 2015

Article

The Minister for Justice has recently announced that the long awaited Mediation Bill will be published later this year. The aim of the proposed Bill is to allow for mediation as a viable and effective alternative to litigation for those involved in civil disputes.

Oct 2015

article

Picketing is not lawful if picketers are engaged in abusive or threatening behavior, or if there are excessive numbers at the picket having regard to the size and location of the entrance in question.

Oct 2015

Article

The controversial issue of litigation funding is continuing to tax the Irish Courts.