While August can often be quieter from the perspective of Irish
legal developments, with Dáil Éireann in recess until
18 September 2024, certain key themes continue to be focus areas
over the summer months:
COMPANIES ACT: EXECUTION OF DOCUMENTS
The
Companies (Corporate Governance, Enforcement and Regulatory
Provisions) Bill 2024 was published by the Department of
Enterprise, Trade and Employment on 24 July 2024, together with an
Explanatory Memorandum. Keep an eye out for our Corporate and
M&A Group's briefing on the Bill which will be published
shortly.
In the meantime, a widely welcomed part of the Bill (which was
signposted when the
General Scheme of the Bill was published earlier this year)
would place the so-called ‘interim fix' for the
execution of documents by a company under seal,
available between August 2020 and December 2022 (during the
COVID-19 pandemic), on a permanent footing from later this year
once the Bill completes its passage through