UPS sues European Commission for blocking its TNT bid

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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

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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Dealmaker to join Shoosmiths’ Midlands corporate team

Shoosmiths has boosted its Midlands corporate team with the appointment of experienced deal-maker Maurice Dwyer. Maurice’s appointment follows hard on the heels of Paul Batchelor who moved from PwC Legal in 2017 and provides further evidence of the firm’s desire to grow its corporate footprint and reputation in the West Midlands market. Maurice has considerable […]

Construction lawyer Adam Lewinberg joins Gowling as partner

Gowling WLG is pleased to announce that infrastructure and construction lawyer Adam Lewinberg has joined the firm as partner in its Toronto office. Lewinberg, who previously was the associate general counsel at Carillion Canada, has broad experience that focuses on P3s/infrastructure, and possesses significant expertise in corporate governance and compliance matters — including designing and […]

Walder Wyss advises Auris Medical on reverse split

On March 12, 2018, the extraordinary general meeting of shareholders approved the merger of Auris Medical Holding AG, a Swiss company listed on Nasdaq, into Auris Medical NewCo Holding AG, a newly incorporated, wholly-owned Swiss Subsidiary. The Merger became effective on March 13, 2018, upon its registration in the Commercial Register in the Canton of […]

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