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  • Article

    Can Directors Be Personally Liable For The Legal Costs Of A Company?

    A company is a separate legal entity to its directors and as a general rule, only the company itself is liable in respect of its obligations to third parties. However, there are exceptions (see earlier briefings here and here).
    IrelandCorporate/Commercial Law
    Dillon Eustace
    Dillon Eustace
  • Article

    Uncertainty Persists On The Future Of The Green Claims Directive

    In March 2023, the European Commission (Commission) detailed a proposal for a green claims directive (GCD Proposal)...
    IrelandCorporate/Commercial Law
    Dillon Eustace
    Dillon Eustace
  • Article

    CBI Publishes A Prohibition Notice For The First Time

    The CBI has recently published a Prohibition Notice in relation to an individual who was formerly a partner in a firm which was authorised under the IIA 1995 and under the European Communities Regulations 2005.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Short Selling Regulation

    Regulation (EU) No. 236/2012 of the European Parliament and of Council on short selling and certain aspects of credit default swaps (the "EU Short Selling Regulation") was published in the Official Journal on 24 March, 2012 and came into operation on 1 November, 2012.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Solvency II Look-Through

    Solvency II, which came into effect on 1 January 2016, introduces a risk-based approach to the supervision of insurance companies.
    IrelandInsurance
    Dillon Eustace
    Dillon Eustace
  • Article

    Settling With A Concurrent Wrongdoer

    In December 2010, Bank of Ireland (the "Bank") advanced €7,473,348.47 to joint borrowers (the "borrowers") and the defendant.
    IrelandLitigation, Mediation & Arbitration
    Dillon Eustace
    Dillon Eustace
  • Article

    Marketing Of Irish Investment Limited Partnerships

    The Irish investment limited partnership (the "ILP"), now re-shaped as a flexible fund investment vehicle following amendments made to the existing Investment Limited Partnership Act, 1994...
    IrelandMedia, Telecoms, IT, Entertainment
    Dillon Eustace
    Dillon Eustace
  • Article

    Political Agreement Reached On Revisions To The EU AI Act

    The European Union has reached a political agreement to amend the AI Act, introducing targeted changes aimed at simplifying compliance requirements for businesses while maintaining protective standards.
    IrelandTechnology
    Dillon Eustace
    Dillon Eustace
  • Article

    Covered Bonds Directive: Impact On UCITS

    A new EU framework for covered bonds will come into effect in Ireland on 8 July 2022 following the entry into force of the European Union (Covered Bonds) Regulations 2021 ("Irish Covered Bonds Regulation")...
    European UnionFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Public Consultation On Implementation Of AI Act

    The Department of Enterprise, Trade and Employment (‘Department') has announced a public consultation on the national implementation of the EU Artificial Intelligence Act (‘AI Act').
    European UnionTechnology
    Dillon Eustace
    Dillon Eustace
  • Article

    Fonds Commun de Placement Vehicles Approved for Listing

    Interest in alternative investment products and hedge funds within France, coupled with the restriction on French resident investors investing in unlisted collective investment schemes, has led a significant number of French promoters to list their products on the Irish Stock Exchange.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    ISE Debt Listings - Continued Strong Performance

    The ISE continues to be the leading location in Europe for debt listing, and has attracted 3,700 issuers from 80 countries.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Court Of Appeal Reduces Personal Injury Award With No Order For Costs

    In Collins v Parm & Ors [2024] IECA 150, the Court of Appeal adjusted a High Court damages award for personal injuries, finding the sum awarded disproportionate and not in line...
    IrelandLitigation, Mediation & Arbitration
    Dillon Eustace
    Dillon Eustace
  • Article

    Arresting A Ship In Ireland

    The 1952 Arrest Convention was given the force of law in Ireland by the passing of the Jurisdiction of the Courts (Maritime Conventions) Act, 1989.
    IrelandTransport
    Dillon Eustace
    Dillon Eustace
  • Article

    Dillon Eustace Cayman Successfully Defend Injunction Application

    In a recent judgment delivered in Al Jomaih Power Limited & Denham Investment Limited v. IGCF SPV 21 Limited & KES Power Limited, the Grand Court of the Cayman Islands...
    Cayman IslandsCorporate/Commercial Law
    Dillon Eustace
    Dillon Eustace
  • Article

    ESMA Opinion On Its Interpretation Of Article 50(2)(A) Of The UCITS Directive

    On November 20, 2012 the European Securities and Markets Authority (ESMA) published a formal opinion on its interpretation of Article 50(2)(a) of the UCITS Directive (2009/65/EC) ( "UCITS Directive") which may have implications for UCITS which hold units or shares of collective investment schemes within the 10% limit provided for in Article 50 (2)(a), commonly referred to as the "trash bucket".
    European UnionFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    European Commission Publishes Finalised Regulatory Technical Standards Under The SFDR

    Earlier today, the European Commission adopted and published the eagerly-awaited regulatory technical standards under the SFDR (Commission Delegated Regulation).
    European UnionFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Money Market Funds Regulation ("MMF Regulation") Update - August 2018

    On 10 April 2018 the European Commission adopted a Regulation (the "Delegated Regulation") amending and supplementing the MMF Regulation.
    European UnionFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    Recognition Of Foreign Judgments Under The Brussels Regime - The Public Policy Exception

    Last year, the European Court of Justice handed down an important decision in the case of Diageo Brands v Simiramida Case C – 681/13 in relation to the law on the recognition of judgments within the European Union...
    European UnionLitigation, Mediation & Arbitration
    Dillon Eustace
    Dillon Eustace
  • Article

    EU Sanctions Relating To Ukraine

    All EU Member States must comply with EU Council Regulations relating to sanctions as soon as they are adopted. The new EU sanctions package was adopted on 24 February 2022.
    GlobalInternational Law
    Dillon Eustace
    Dillon Eustace

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