Legal News (Commercial & Business)

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).

We recently examined The European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016, which came into effect on 15 November 2016.

In April of this year the High Court ruled on a certain questions arising out of claims related to losses sustained by investors in the Belfry property funds promoted by Allied Irish Banks in the early to mid-2000’s.

The recent Court of Appeal’s decision in Aldi Stores (Ireland) Ltd. and Aldi GMBH & Co. KG v Dunnes Stores [2017] IECA 116 set aside a High Court finding that Dunnes Stores infringed Aldi’s trademarks by use of in-store shelf labelling comparing their product prices to Aldi’s.

The Supreme Court recently gave judgment on a third party litigation funding aspect of a case concerning the award of the State’s second mobile phone licence in the mid-1990s to Esat Digifone.