Legal News (Commercial & Business)

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during the COVID-19 pandemic and governmental financial aids provided during the pandemic have been phased out and/or withdrawn.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.

On 6 July 2022 the Companies (Corporate Enforcement Authority) Act 2021 (“the Act”) came into effect, with the establishment of a new Corporate Enforcement Authority (CEA). This step has been noted by many as a watershed moment in confronting economic and white-collar crime in Ireland.