Legal News (Commercial & Business)

The Broadcasting Authority of Ireland’s revised General Commercial Communications Code came into effect on 1 June 2017. Below are some of the key changes.

The High Court has refused a challenge by a liquidator to an invoice discounting agreement entered into by the Company prior to liquidation.

The High Court recently rejected an appeal by KBC Bank Ireland to write down a portion of a debtor couple’s mortgage due to the uncertainty in the ability of the debtors to repay the warehousing portion of the loan.

The Court of Appeal recently (4 May 2017) gave judgment in a case concerning defamation by TV3 of a solicitor, Mr David Christie. In the High Court Ms Justice O’Malley had awarded damages to Mr Christie in the sum of €140,000.

New regulations requiring Irish companies to establish and maintain a “Register of Beneficial Owners” came into effect on 15 November 2016. This includes charities that are companies limited by guarantee (“CLG”).

On 29 May 2017, the Supreme Court upheld a High Court judgment identifying legal breaches arising from a dawn raid carried out by the Competition and Consumer Protection Commission (CCPC).