Legal News (Corporate)

As 2020 draws to a close, I would like to thank you on behalf of all at Hayes solicitors for your continued support throughout the year. 

2020 raised unexpected and extraordinary challenges for the directors of Irish companies as Covid-19 related health risks were exacerbated economically by Irish and international restrictions on travel, reduced business activity and increased costs arising from changes to the ways we do business.

This practice note was published in association with Practical Law, Thomson Reuters online legal know how service. It provides an overview of limitation periods under the Statute of Limitations 1957 in Ireland.

The Minister for Business, Enterprise and Innovation has issued the order necessary for the Companies (Miscellaneous Provisions) (COVID-19) Act 2020 (the “Act”) to become effective from 21 August 2020. 

The Office of the Director of Corporate Enforcement (ODCE) recently issued new guidance outlining the implications of COVID-19 on its insolvency related functions.

The sudden spread of COVID-19 and its impact on domestic and international business in Ireland has created huge disruption and uncertainty for companies across all sectors.