Role of the company secretary

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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 […]

Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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US and regional firms are loosening UK firms’ grip on the market, and IPOs are not the big financial prize they once were  For decades Hong Kong has operated as the centre for Asia’s financial capital in its broadest form. Capital markets work has been the main source of income for the big firms in […]

TfL in-house lawyers launch High Court case in Uber taxi row

Transport for London’s (TfL) in-house lawyers have launched a court action in the row between black cab and Uber taxi drivers. The body’s in-house team has issued letters before claim to Uber, the Licensed Taxi Drivers Association (LTDA) and the Licensed Private Hire Car Association (LPHCA) to seek a High Court ruling on the row […]

Russia, South Korea

Russia and South Korea are fascinating not just because they’re slugging it out in a packed stadium. Both jurisdictions create plenty of work for lawyers, so get a handle on the latest market news by reading our stories below. Special report: Russia – Feeling the chill Russia: Returns on ice Taylor Wessing adds Korean firm […]

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Clifford Chance to vote on slashing management committee from 16 to nine

Clifford Chance is to vote next month on slashing its management committee from 16 to nine in Matthew Layton’s first key move as leader. The firm’s new managing partner is understood to have stood for the role on a platform of streamlining management and creating a stronger executive team (28 November 2013). He has now […]

World cup rules

There’s a small matter of a football tournament beginning this week. Is your workplace prepared? Check out the following pieces by Allen & Overy, Eversheds,  Gateley, Pillsbury Winthrop Shaw Pittman and Shoosmiths to make sure you’re covered. Come clean on the road to RioGateley: World Cup 2014 — are you ready for kick-off?Shoosmiths: FIFA World […]

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