GDPR and employee data

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Competition: Altice fined €124.5m for ‘gun jumping’

By Marco Hickey A fine of €124.5m has been imposed on Altice by the European Commission for breaching EU merger control rules by implementing its acquisition of PT Portugal before the transaction had been cleared by the Commission…

Rejecting settlement offers led to an adverse costs award

By Sean Barrett and Shane Neville A party to proceedings may make an offer to settle the dispute in “open correspondence” for tactical purposes, which will result in a shift in the costs risk of litigation. In O’Reilly v Neville & Ors, costs were awarded against the Plaintiffs, the O’Reillys, following their rejection of an […]

Trade secrets: Retailers don’t get left on the shelf

By Aideen Burke, Peter Bolger and Jeanne Kelly The EU Trade Secrets Directive (EU 2016/943) (the “Directive”) clarifies and strengthens the current protection available to trade secrets in Ireland. Trade secrets may be of particular relevance to retailers, who can often have commercially valuable information and materials which are not otherwise protectable by traditional forms […]

GDPR in Ireland: Key steps for employers

By Aoife Bradley and Jennifer O’Neill The GDPR substantially increases the obligations and responsibilities on organisations and businesses in relation to how they collect, use and protect personal data.  All employers are data controllers and data processors in respect of the personal data of their employees.  Employers should take some key preparatory steps to ensure […]

Ireland: Employment law legislative update, 1 February to 19 April 2018

By Aoife Bradley and Roisin Lawler In this edition of our regular update on legislative developments in employment law, we discuss a number of proposals for new legislation, including Private Members’ Bills, on subjects as diverse as the impact of extreme weather on employees to the protection of maternity leave for members of both houses […]

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Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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