The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

McCann FitzGerald

RIVERSIDE ONE, SIR JOHN ROGERSON'S QUAY, DUBLIN 2, IRELAND
Tel:
Work +353 1 829 0000
Fax:
Fax +353 1 829 0010
DX:
31 DUBLIN
Email:
Web:
www.mccannfitzgerald.com
Brussels, Dublin, London, New York

Ireland

Asset finance
Asset finance - ranked: tier 1

McCann FitzGerald

At McCann FitzGerald, the team's 'industry and legal expertise is unquestionable', particularly in the aviation sector. Practice head Catherine Deane is 'the lawyer to go to for aviation finance and leasing in Ireland'; she advised SAS on the establishment and licensing of an Irish airline, as well as the leasing of a number of aircraft. Clients include a number of operating lessors; Hilary Marren acted as Irish counsel to AerCap on four unsecured bond offerings totalling approximately $3.6bn, and the 'stand-out' Georgina O’Riordan assisted Aircastle Advisor with the financing, purchase and leaseback of 11 Airbus aircraft. Joe Fay, whose clients include Nordic Aviation Capital, 'very talented' associate Shauna Maguire, and New York-based senior associate Richard Gill are also key contacts.

Leading individuals

Catherine Deane - McCann FitzGerald

Hilary Marren - McCann FitzGerald

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

McCann FitzGerald

The team at McCann FitzGerald has 'exceptional knowledge of the relevant law', with particular expertise in development finance transactions. Clients include AIB, Oaktree Capital and Dankse Bank. Fergus Gillen heads the team; Philip Murphy stands out for his 'availability, exceptional technical ability, commerciality and ability to close the most complex of processes'; and Niall Powderly and Stuart McCarron are 'sharp, experienced, commercially astute and proactive'. Eamon de Valera specialises in secured and unsecured lending and Josh Hogan advises on a variety of fintech issues.

Leading individuals

Niall Powderly - McCann FitzGerald

[back to top]

Capital markets
Capital markets - ranked: tier 1

McCann FitzGerald

At McCann FitzGerald, the team's 'experience and depth of knowledge of various types of capital markets transactions positions it well'. Highlights for the ECM team included Aidan Lawlor¬†advising AIB on its IPO and re-admission to the London and Irish Stock Exchanges, and David Byers¬†acting for Goodbody and Shore Capital as joint bookrunners of Applegreen's proposed ‚ā¨100m equity fundraising. Stephen FitzSimons¬†is¬†also recommended. On the DCM side, Adrian Farrell¬†acted as Irish counsel to Bank of America Merrill Lynch and other underwriters on the public offering of senior notes by Allergion. Roy Parker¬†heads the DCM team; Fergus Gillen¬†and¬†London office head Hugh Beattie, who 'provides an outstanding service', are also noted.

Leading individuals

Aidan Lawlor - McCann FitzGerald

David Byers - McCann FitzGerald

Fergus Gillen - McCann FitzGerald

Roy Parker - McCann FitzGerald

[back to top]

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

McCann FitzGerald

McCann FitzGerald's 'responsive, knowledgeable' team has extensive experience in the financial services, private equity, energy and pharmaceutical sectors. Conor O‚ÄôDwyer¬†assisted private equity fund manager Pollen Street Capital with its acquisition of Vision Blue Ireland, and practice head Valerie Lawlor¬†acted for Greencoat Renewables on its acquisition of Lisdowney wind farm. In the retail sector, Alan Fuller¬†advised Merlyn on its ‚ā¨60m acquisition by Norcros. David Byers,¬†David Lydon¬†and Rory O‚ÄôMalley¬†are also recommended, along with the 'quick-thinking, pragmatic' Garreth O‚ÄôBrien.

Leading individuals

David Byers - McCann FitzGerald

David Lydon - McCann FitzGerald

[back to top]

Construction
Construction - ranked: tier 1

McCann FitzGerald

Known for its 'excellent service', McCann FitzGerald's team¬†advises on an impressive range of developments, infrastructure and energy projects. ‚ÄėSolutions-orientated‚Äô practice head Kevin Kelly¬†showcased ‚Äėhis expert knowledge of construction law‚Äô and public procurement expertise when he and¬†Jenny Mellerick¬†advised an electricity company on the construction and procurement aspects of its new landmark headquarters building. The ‚Äėquick to understand‚Äô Stephen Proctor¬†advised Transport Infrastructure Ireland on a number of large-scale road construction projects, while Barrett Chapman¬†has been very active for Hudson Advisors. Timothy Bouchier-Hayes¬†retired from the partnership and is now a consultant.

Leading individuals

Barrett Chapman - McCann FitzGerald

Kevin Kelly - McCann FitzGerald

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

McCann FitzGerald

McCann FitzGerald's practice is 'highly collaborative and creative in its strategic approach to arguments'. In a stand-out piece of litigation work, team head Terence McCrann, Karyn Harty, Megan Hooper and Sean Barton are acting for Independent News and Media in proceedings stemming from a whistleblower report made in November 2016. The team also includes Audrey Byrne and Michael Coonan ('both exceptionally bright, insightful lawyers'), Helen Kilroy and Roddy Bourke.

Leading individuals

Helen Kilroy - McCann FitzGerald

Sean Barton - McCann FitzGerald

[back to top]

EU and competition
EU and competition - ranked: tier 1

McCann FitzGerald

McCann FitzGerald is noted for its expertise in investigations, trade association compliance advice, state aid and merger control, particularly in relation to the telecoms sector. Team head Philip Andrews is advising the Electricity Supply Board on the state aid and competition law aspects of its participation in the National Broadband Plan. Rosaleen Byrne and Catherine Derrig handle contentious regulatory and competition matters and senior associate Laura Treacy is also recommended.

Leading individuals

Philip Andrews - McCann FitzGerald

Next Generation Partners

Laura Treacy - McCann FitzGerald

[back to top]

Employment
Employment - ranked: tier 1

McCann FitzGerald

The ‚Äėvery user-friendly‚Äô team at McCann FitzGerald¬†has ‚Äėvery deep and comprehensive knowledge of employment law‚Äô and ‚Äėexcellent strength in depth‚Äô, and is known for its expertise in senior executive disputes. Recent highlights include team head Terence McCrann, who has a ‚Äėwealth of experience‚Äô, acting for Independent News & Media in the increasingly active area of investigations, advising the special sub-committee of the board on an investigation and related employment matters. The ‚Äėvery responsive‚Äô Mary Brassil¬†advised Italian insurance company Generali on the employment aspects of its sale of Generali PanEurope. Stephen Holst, who was promoted to partner, has a ‚Äėfriendly and straightforward style‚Äô.

Leading individuals

Terence McCrann - McCann FitzGerald

Next Generation Partners

Stephen Holst - McCann FitzGerald

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 1

McCann FitzGerald

McCann FitzGerald¬†is ‚Äėhighly competent in regulatory law‚Äô. ‚ÄėStandout‚Äô practice head Patricia Lawless, who ‚Äėhas unmatched expertise in natural gas and electricity law‚Äô, advises Ervia on gas projects, gas connections and regulatory matters, including energy regulation under domestic and EU law. In recent highlights,¬†Valerie Lawlor¬†advised Brookfield Renewable and AES on separate matters relating to the launch of the integrated single energy market; she and¬†Rory O‚ÄôMalley¬†also handled all aspects of UniInstitutional Infrastruktur's acquisition of Powercon Wind Energy, the owner of a 36.8MW operational wind farm.

Leading individuals

Patricia Lawless - McCann FitzGerald

Valerie Lawlor - McCann FitzGerald

[back to top]

Healthcare and life sciences
Healthcare and life sciences - ranked: tier 2

McCann FitzGerald

McCann FitzGerald's strengths in the life sciences sector lie in product liability and IP matters. Practice head Roddy Bourke is acting for German pharmaceutical company Grunenthal in a matter concerning claims relating to the thalidomide drug and is acting for GlaxoSmithKline in a series of claims stemming from the swine flu vaccination. IP expert Fiona O’Beirne is acting for originator pharmaceutical group Gilead in two Commercial Court actions brought against generics companies. David Lydon and newly promoted partner Shane O’Brien are also noted.

[back to top]

Information technology
Information technology - ranked: tier 1

McCann FitzGerald

McCann FitzGerald's team is 'top of its field' and has 'extremely high levels of subject-matter expertise', advising on a range of subjects including technology projects and contracts, IT outsourcing, data protection, cyber security and digital commerce. The 'superb' Paul Lavery, whose 'in-depth knowledge of his practice area and authoritative advice is invaluable', leads the practice. Adam Finlay advised the Courts Service on the courts' data protection regime. Consultant Annette Hogan and senior associate Douglas McMahon are other key team members.

Leading individuals

Paul Lavery - McCann FitzGerald

Next Generation Partners

Douglas McMahon - McCann FitzGerald

[back to top]

Insolvency and corporate restructuring
Insolvency and corporate restructuring - ranked: tier 1

McCann FitzGerald

McCann FitzGerald‚Äôs ‚Äėhighly approachable‚Äô team advises on significant restructurings, examinerships, receiverships and liquidations, where ‚Äėeach assignment is individually managed and given one-to-one personal attention‚Äô. Recent work highlights include practice head Michael Murphy¬†acting for ACCLM and receiver Declan Taite seeking to set aside an improper share transfer, and Lisa Smyth¬†advising examiner Michael McAteer on the successful implementation of a scheme of arrangement in Manley Construction. Jane Marshall retired from practice in October 2017.

Leading individuals

Michael Murphy - McCann FitzGerald

[back to top]

Insurance
Insurance - ranked: tier 1

McCann FitzGerald

McCann FitzGerald’s Darragh Murphy, who leads the firm’s non-contentious practice dealing with regulatory and transactional matters, and Paul Heffernan are assisting Generali with the restructuring of its business, acting on the sale of sections of the Generali Group’s pan-European life insurance business as well as on the sale of Generali PanEurope. On the disputes side, Roddy Bourke leads the team, which exhibits particular strength in matters relating to policy interpretation and coverage issues. Helen Kilroy handled a number of professional negligence claims, including for AIG. David Hurley is the other name to note.

Leading individuals

Darragh Murphy - McCann FitzGerald

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

McCann FitzGerald

McCann FitzGerald¬†is known for its strong patent and trade mark litigation and its ‚Äėdedicated partners‚Äô, who are ‚Äėcapable of clear analysis, innovative thinking and reliable representation‚Äô. Practice head Fiona O‚ÄôBeirne, ‚Äėa practitioner of vast experience with extensive specialist knowledge in this area‚Äô, is acting for Gilead Sciences in three ongoing cases regarding its supplementary protection certificates for HIV medicine Truvada. Paul Lavery¬†handles non-contentious matters, including advising on licensing provisions. Adam Finlay¬†is noted for his ‚Äėwealth of experience across the areas of intellectual property, technology and data-related issues‚Äô.

Leading individuals

Fiona O'Beirne - McCann FitzGerald

[back to top]

Investment funds
Investment funds - ranked: tier 2

McCann FitzGerald

The team at McCann FitzGerald¬†‚Äėdisplays a deep understanding of the funds industry and regulatory landscape in Ireland‚Äô; it has extensive experience advising on the structuring and establishment of investment funds and the authorisation of management companies. Practice head Mark White¬†is ‚Äėa commercial and pragmatic, solutions-oriented lawyer with vast funds-related experience‚Äô; he and consultant Anna Moran¬†advised Metzler Ireland on setting up six new sub-funds on one of its Ireland-domiciled UCITS platforms. Iain Ferguson, who ‚Äėknows his practice inside out and has sound commercial insight‚Äô, Darragh Murphy¬†and London-based Hugh Beattie¬†are also noted.

Leading individuals

Mark White - McCann FitzGerald

Next Generation Partners

Anna Moran - McCann FitzGerald

[back to top]

Media and entertainment
Media and entertainment - ranked: tier 1

McCann FitzGerald

The practice at McCann FitzGerald has 'strength in depth from junior solicitors to partners in the media field' and counts major domestic and international operators in publishing, broadcasting, TV and film, internet, and betting and gaming among its clients. Karyn Harty 'ably' leads the team; she specialises in media defence litigation, representing Channel 4 in proceedings brought by Ryanair over a Dispatches documentary and Guardian News & Media in relation to a claim brought by two Cork boat owners over an article on the Irish fishing industry. Adam Finlay is advising media and internet company IAC on a GDPR project. The 'experienced and efficient' Alan Heuston heads the newly formed betting and gaming group.

Leading individuals

Karyn Harty - McCann FitzGerald

[back to top]

Pensions and employee benefits
Pensions and employee benefits - ranked: tier 1

McCann FitzGerald

Despite Maureen Dolan¬†having retired from practice, the ‚Äėvery available‚Äô team at¬†McCann FitzGerald¬†continues to ‚Äėprovide expert knowledge‚Äô;¬†‚Äėservice levels have not dropped in any way and in fact may have increased‚Äô, thanks to newly promoted partner and practice head Eleanor Cunningham¬†and associate Clementine Farrell, both ‚Äėsubject matter experts‚Äô who ‚Äėbring to the table a caring personality, a desire to help‚Äô and ‚Äėa can do attitude‚Äô. Cunningham advised Enva on the pension aspects of its acquisition of Greenogue Investments, Rilta Environmental and ClearCircle Environmental NI. On the employee benefits side, Cunningham advised a semi-state body on the creation of a benefit scheme for employees who transferred from local authorities and the civil service.

Next Generation Partners

Eleanor Cunningham - McCann FitzGerald

[back to top]

Planning and environment
Planning and environment - ranked: tier 1

McCann FitzGerald

As ‚Äėone of the leading firms of solicitors in Ireland‚Äô, McCann FitzGerald¬†has put together a ‚Äėproperly dedicated‚Äô and ‚Äėvery strong team in the planning and environment area with extensive experience, including in relation to many major infrastructure projects‚Äô. The team was significantly strengthened by the arrival of the ‚Äėexceptional‚Äô Brendan Slattery¬† from Barry Doyle & Co Solicitors, whose ‚Äėknowledge of planning and environmental law is second to none‚Äô. He replaced Elva Carbery,¬†who is now at EirGrid, as practice head. Slattery‚Äôs instructions included the first challenge to a vacant site levy decision. A ‚Äėleading specialist in Irish and European planning law‚Äô,¬†Michelle Doyle¬†is also a highly experienced in this area.

Leading individuals

Brendan Slattery - McCann FitzGerald

[back to top]

Projects and PPP
Projects and PPP - ranked: tier 1

McCann FitzGerald

McCann FitzGerald¬†draws on its ‚Äėsignificant expertise across procurement, litigation and environmental law‚Äô when providing advice to public and private clients spanning across a wide range of sectors, such as transport, energy, utilities, infrastructure, education and telecoms. Practice head and transport project specialist Eamonn O‚ÄôHanrahan¬†is advising the National Transport Authority on various matters, including the opening of selected bus markets to competition, while Colm Fanning¬†advised Bank of Ireland as lender regarding all aspects of Castlepook wind farm including construction, maintenance, operation as well as compliance issues. Jenny Mellerick¬†is noted for her procurement and PPP expertise.

Leading individuals

Colm Fanning - McCann FitzGerald

Eamonn O'Hanrahan - McCann FitzGerald

Jenny Mellerick - McCann FitzGerald

[back to top]

Public sector
Public sector - ranked: tier 1

McCann FitzGerald

McCann FitzGerald advises public sector clients across a range of areas, including justice, infrastructure, transport, energy, health and education. Sean Barton is advising the Courts Service on various matters including GDPR compliance and an ongoing project to consolidate and reform criminal procedure in the District Court. Eamonn O’Hanrahan and Jenny Mellerick are assisting Transport Infrastructure Ireland with the outsourcing of the operation of free-flow tolling on the M50, among other issues. Michelle Doyle, who advises on the regulatory framework for major infrastructure projects, and regulated markets specialist Rosaleen Byrne are also noted.

[back to top]

Real estate
Real estate - ranked: tier 1

McCann FitzGerald

McCann FitzGerald‚Äôs ‚Äėexpertise in commercial property and construction law is second to none‚Äô, as is ‚Äėthe quality of service and care provided by the partners‚Äô, which ‚Äėis of the highest standard and quality‚Äô. Practice head Shane Fahy¬†has particular expertise in advising institutional investors; in one example, he assisted Iput with the lease of a landmark new development to AIB. Other recent mandates include¬†Jim Murphy¬†advising the Banking and Payments Federation Ireland on a potential office move, and¬†Richard Leonard¬†acting for the sellers of several large hotels in cities across Ireland. Other key team members are Jennifer Halpin, Donal O‚ÄôRaghallaigh¬†and Shane Sweeney.

Leading individuals

Jim Murphy - McCann FitzGerald

[back to top]

Tax
Tax - ranked: tier 1

McCann FitzGerald

Tax consultant¬†Eleanor MacDonagh¬†and¬†Alan Heuston¬†lead the 'experienced, approachable, effective and efficient' team at McCann FitzGerald. Senior associate¬†Deirdre Barnicle¬†heads the tax compliance services, and senior associate James Quirke, who joined from Matheson, handles corporate M&A and foreign direct investment matters. Highlights included advising Allied Irish Banks on the tax elements of its¬†‚ā¨3.4bn IPO and admission to the Irish and London Stock Exchanges, and its post-IPO reorganisation, and acting on several matters in the primary healthcare sector. Tax consultant Michael Ryan¬†is also recommended.

Next Generation Partners

Deirdre Barnicle - McCann FitzGerald

[back to top]

Telecoms
Telecoms - ranked: tier 1

McCann FitzGerald

McCann FitzGerald advises clients including fixed-line operators, mobile phone operators, broadcasters and regulators on a range of telecoms matters. Practice head Philip Andrews and senior associate Laura Treacy are acting for the Electricity Supply Board (ESB) in relation to the National Broadband Plan, and consultant Rosaleen Byrne and Catherine Derrig are advising ComReg on applications by eir for compensation for the net cost of providing universal service obligations. David Lydon heads the team.

Leading individuals

Rosaleen Byrne - McCann FitzGerald

Next Generation Partners

Laura Treacy - McCann FitzGerald

[back to top]

Transport
Transport - ranked: tier 1

McCann FitzGerald

McCann FitzGerald's 'industry and legal expertise is unquestionable, but it is the efficiency with which the team goes about things that sets it apart from the rest'. The team specialises in acting for state authorities, such as Transport Infrastructure Ireland (TII), the National Transport Authority (NTA) and the Road Safety Authority, and is particularly strong in relation to public transport and aviation. Team head Eamonn O’Hanrahan and Jenny Mellerick recently advised TII and NTA on the development of Luas, Dublin's tram/light rail system. Colm Fanning, who has significant experience advising on rail matters, aviation expert Georgina O’Riordan and David Hurley, who focuses on maritime issues, are also noted.

Leading individuals

Eamonn O'Hanrahan - McCann FitzGerald

Jenny Mellerick - McCann FitzGerald

[back to top]

White-collar crime
White-collar crime - ranked: tier 1

McCann FitzGerald

McCann FitzGerald's practice has 'strength and depth in swathes' and 'draws on its wide resources from across the firm to ensure the advice proferred is meticulously considered'. The team covers corporate and internal investigations, mandatory reporting and engagement with investigating agencies, and prosecutions, and is also active in the prosecution of regulatory offences for state clients. Sean Barton ('a very brilliant legal mind'), Karyn Harty and Megan Hooper ('adopts your problems as her own and deftly steers you through the world of regulatory and criminal investigations and prosecutions') are advising INM on issues arising from a whistleblower report. Practice head Brian Quigley, Michael Coonan and Audrey Byrne, who specialise in fraud and asset tracing investigations, and Stephen Holst, who handles whistleblowing investigations, are also noted.

Leading individuals

Brian Quigley - McCann FitzGerald

[back to top]


Legal Developments by:
McCann FitzGerald

Legal Developments in Ireland

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • LANDWELL Bulletin: Managing in a Downturn

    As we are all well aware this is the most turbulent climate for business both nationally and internationally, that any of us have experienced. We have therefore focused this bulletin on areas where we believe we can help you take decisive steps to manage the issues that are required to get through the downturn and be properly prepared for the future.
  • The Companies (Amendment) Act 2009

    The Companies (Amendment) Act, 2009 (the ‚ÄúAct‚ÄĚ) was signed into law on 12 July 2009. The Act provides for signifi cant changes to company law compliance and enforcement. It gives increased powers of search and seizure to the Offi ce of the Director of Corporate Enforcement (‚ÄúODCE‚ÄĚ) and expands disclosure obligations with regard to transactions between a company and its directors (including specifi c changes for licensed banks). The Act also relaxes the requirement that at least one director of an Irish company must be resident in the State.
  • New Rules for Acquiring Transactions in the Financial Sector

    In line with EU-mandated requirements, Ireland has introduced new rules governing acquisitions, in whole or in part, of certain regulated financial institutions.
  • Irish Merger Control: Review of Key Developments in 2008

    A 47% Year-on-Year Drop in the Number of Deals Notified: Reflecting the global decline in merger activity, the number of deals notified to the Competition Authority fell to 38 in 2008, a 47% decrease from 2007, when 72 deals were notified, and a more than 60% decrease from the 2006 peak of 98 notified deals.
  • European Communities (Takeover Bids (Directive 2004/25/EC)) Regulations 2006

    The EU Takeovers Directive (2004/25/EC) (the ‚ÄúTakeovers Directive‚ÄĚ) has been transposed into Irish law by the European Communities (Takeover Bids (Directive 2004/25/EC)) Regulations, 2006 (S. I. No. 255 of 2006) (the ‚ÄúTakeovers Regulations‚ÄĚ). The stated aim of the Takeovers Directive is to strengthen the Single Market in financial services by facilitating cross-border restructuring and enhancing minority shareholder protection. Many of the provisions of the Directive are already contained in the existing Irish regime for the supervision of takeovers set out in the Irish Takeover Panel Act, 1997 (the ‚ÄúAct‚ÄĚ), the Takeover Rules, 2001 (the ‚ÄúRules‚ÄĚ) and the Companies Acts 1963 ‚Äď 2005, which will continue to apply. The Takeovers Regulations cater for those areas not already dealt with in the existing regime or areas of the regime that needed to be adjusted as a result of the requirements of the Takeovers Directive.
  • Establishing a Retail Fund in Ireland for sale in Japan Fund Structures and Features

    The issuing of securities of offshore funds for public sale into Japan is governed by a combination of the Securities and Exchange Law of Japan (the "SEL") which is enforced by the Japanese Ministry of Finance ("MOF"), the Law Concerning Investment Trust and Investment Company of Japan (the "Investment Funds Law") which is enforced by the Financial Services Agency of Japan ("FSA").Establishing a Retail Fund in Ireland for sale in Japan Fund Structures and Features
  • Equality before the Law

    Employment Equality legislation in Ireland is to be found in the Employment Equality Act 1998 as amended by the Equality Act 2004. This legislation is extremely detailed but in effect makes it unlawful for employers to discriminate against a person on the basis of gender, marital status, family status, sexual orientation, religion, age, disability, race, and membership of the traveller community. These are referred to as the ‚Äúdiscriminatory grounds‚ÄĚ.
  • Enforcement of Foreign Judgments in Ireland

    The enforcement of judgments between the EU member states is regulated by the Brussels I Regulation (44/2001, OJL 12/1, 16 January 2001) (‚Äúthe Regulation‚ÄĚ). On the 22nd December 2000, the European Council agreed the Regulation to replace the Brussels Convention on Jurisdiction and Enforcement of Judgments 1968 (‚Äúthe Brussels Convention‚ÄĚ). The purpose of the Regulation was to bring the law contained in the Brussels Convention into the main body of EC Law. The Regulation was implemented in Ireland by Statutory Instrument 52 of 2002, European Communities (Civil and Commercial Judgments) Regulations 2002, which came into force on the 1st March 2002.
  • E-Discovery

    Unlike the United States, which is leading the way in relation to e-discovery and where the disclosure of electronic data has become standard procedure, as of yet there is no standard protocol or practice direction issued in relation to e-discovery in Ireland. Despite this fact, Irish lawyers are beginning to appreciate the invaluable nature of electronic data which can be retrieved and used in commercial litigation.
  • Disclosure Requirements with respect to Company Particulars

    Directive 2003/58/EC amending Directive 68/151/EEC (the ‚ÄúFirst Disclosure Directive‚ÄĚ) became effective on 1st April, 2007 having been transposed into Irish law by the European Communities (Companies) (Amendment) Regulations 2007 (S.I. No. 49 of 2007) (the ‚ÄúRegulations‚ÄĚ).