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Ireland > Law firm and leading lawyer rankings
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Legal market overview
Ireland has remained, post bailout, the fastest-growing economy in the eurozone. Recent reports indicate the increased liquidity of domestic buyers; over half of M&A transactions within the past year have involved Irish acquirers. There is still considerable foreign direct investment in the market, with investment funds continuing to be attracted by the country’s business-oriented tax system. Technology and software giants continue to set up offices in Dublin, and others are expanding their current operations. As a result of this and increasing confidence in the economy, the construction market has begun to grow again, with developments including Google’s new €150m data centre. In line with these trends, law firms have seen an increase in transactional work, and loan sales remain an area of particular activity, particularly those backed by real estate assets.
The widely anticipated Court of Appeal Act came into force in October 2014; this established a general Court of Appeal which sits between the High Court and the Supreme Court, and is designed to increase efficiency and improve waiting times.
Domestic firms dominate the legal market, with the past year seeing increased team sizes. Declan Black is now managing partner at Mason Hayes & Curran, while Michael Jackson was appointed managing partner of Matheson in October 2015. Multinational firms have also established themselves in the market, with many increasing their profile.
Firms in the spotlight
Flynn O’Driscoll is a business law firm focused on achieving practical business solutions for its clients. It was founded by Pat Flynn in 2002 who was joined shortly thereafter by Alan O’Driscoll. Since its formation, its main areas of practice have been corporate and commercial advice, corporate finance and mergers and acquisitions and aviation and assets finance.
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The pharmacy sector has undergone considerable change in recent years, starting with the enactment of the Pharmacy Act in 2007. A common complaint is that pharmacists have come under increased pressure as a result of these regulatory changes and that greater administrative burdens have been imposed, for example in processing their claims under the various community drugs schemes operated by the State.
by Colin Hayes, Solicitor
by Frank O'Reilly, Partner
By Aoife Murphy, Partner and Robin Hayes, Associate
by Frank O'Reilly, Partner
On 23/06/11 the European Parliament adopted the new consumer Rights Directive which was proposed by the European Commission in 2008. This is the further step towards this Directive coming into effect. The transposition into national law is envisaged for the end of 2013.
Frequent viewers of the latest Hollywood films may be immune to it but Irish broadcasting bosses have traditionally never warmed to the idea of James Bond openly exhibiting the latest Aston Martin or BMW as part of the movie or the promotion of Absolut Vodka as part of the Sex and the City movie.
The Civil Partnership and Certain Rights and Obligations of Cohabitants Act, 2010 (“the Act”) was introduced into law on 01/01/2011. It brought into Irish law the concept of civil partnerships for same sex couples as well as certain rights for cohabiting couples.
Duncan Grehan&Partners have recently been selected to contribute to a survey carried out in all EU Member States to ascertain the practicability of the regulation 805/2004/EC.
In recent times the closure of businesses has unfortunately, become common due to trading difficulties.
VEGAS LEX partner Igor Chumachenko has spoken at the round table of the largest annual real estate forum, MIPIM 2017, on the legal regulation of investment and construction projects.
Managing Partner of VEGAS LEX Alexander Sitnikov has spoken at the Russian Business Week about Special Investment Contracts as an additional mechanism for the energy sector to introduce the best available technologies.
The key arrangements between franchisees and franchisors are set out in the franchise agreement. For this reason, both parties ought to closely scrutinize this document.
NautaDutilh Avocats Luxembourg defended the interests of luxury fashion house Fendi in proceedings against US-based Coach for infringement by the latter of Fendi's EU design rights in its Peekaboo handbag.
AVELLUM's Managing Partner Mykola Stetsenko Became Member of the Public Council of the Antimonopoly Committee of Ukraine
We are pleased to announce that Karanović & Nikolić team has supported the European Fund for Southeast Europe (EFSE) in a recently closed extension of the investment portfolio of EFSE to UniCredit Bank Serbia. The transaction involved new EUR 20 million financing of UniCredit Bank Serbia, which will serve to finance housing loans for private households in Serbia.
After having prepared the first draft of the new data protection law back in 2014 (which was ignored by the Government in the meantime, and even dismissed by the Ministry of Justice's introduction of a separate draft law in 2015), the Serbian Data Protection Commissioner (" Commissionaire ") 1 published the second draft of the new law on March 6 th , 2017 (" Draft "). As announced by the Commissioner, the new Draft was necessary in order to address the deficiencies of the existing Law on Personal Data Protection and in order to harmonize the law with EU legislation, particularly with the newly enacted General Data Protection Regulation.
Establishing a family foundation can be a sensible means of preventing disputes from arising among heirs as well as resolving the issue of business succession.
The managing director of a GmbH, a type of German private limited company, is responsible for ensuring proper payment of social security contributions. Failure to fulfil his duties can render him personally liable.
In February and March 2017, VEGAS LEX organized a series of meetings with students of major Russian universities in Moscow devoted to career opportunities and practical issues of law for business.