Legal News (Commercial & Business)

In a judgment dated 22 November 2022, the European Court of Justice (the “ECJ”) has decided that open public access to the beneficial owner registers of EU member state companies is no longer valid.

In June 2021, the European Commission published its decision to adopt new standard contractual clauses (New SCCs).

In the recent case of Fennell v Appelbe, both the High Court and the Court of Appeal confirmed the restriction of a director of an insolvent company for a period of five years.

Termination of residential tenancies is the subject of significant and current public debate, where a combination of factors has led to a scarcity of rental properties in Ireland.

Insolvency rates remained low during the COVID-19 pandemic and governmental financial aids provided during the pandemic have been phased out and/or withdrawn. However, we are beginning to see the SCARP option being explored more frequently.

The European Union (Preventive Restructuring) Regulations 2022 (the “Regulations”) were signed into law on Friday, 29 July 2022 by the Minister for Enterprise, Trade and Employment.