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The Companies Bill 2012 published

  • Matheson
  • -
  • Ireland
  • -
  • December 21 2012

The Irish Government has today published a complete draft of the proposed new Companies Bill (the "Bill"), which, when enacted, will consolidate and

Proposed Central Credit Register

  • Matheson
  • -
  • Ireland
  • -
  • October 1 2012

The Minister for Finance has published the Credit Reporting Bill 2012

Accounts and audits - exemption thresholds

  • Matheson
  • -
  • Ireland
  • -
  • October 1 2012

The Minister for Jobs, Enterprise and Innovation has made an Order increasing the balance sheet total and turnover thresholds for the purpose of availing of audit exemption to 4.4 million and 8.8 million respectively

Getting down to business in the Commercial Court

  • Matheson
  • -
  • Ireland
  • -
  • September 20 2012

The vast majority of cases admitted to the list have been commercial claims with a value in excess of 1 million (1165 in total

Better late than never: the new directive on late payments in commercial transactions

  • Matheson
  • -
  • Ireland
  • -
  • September 13 2012

The new directive on combating late payments in commercial transactions (the “Directive”) was published on 16 February 2011

Withholding consent in a commercial context what’s reasonable?

  • Matheson
  • -
  • Ireland
  • -
  • September 13 2012

In the recent case of Porton Capital Technology Funds & Ors v 3M UK Holdings Ltd & Anor the English High Court considered the relevant principles to be applied where a Share Purchase Agreement provided that the purchaser of the business could not cease to carry on the business without the vendor’s consent, such consent “not to be unreasonably withheld”

Derivative actions and exceptions to Foss v Harbottle

  • Matheson
  • -
  • Ireland
  • -
  • September 4 2012

As a general rule, Irish law does not permit a shareholder to bring an action on behalf of the company in which it holds shares and treats the company itself as the proper plaintiff

Ireland’s four cornerstones of competitiveness

  • Matheson
  • -
  • Ireland
  • -
  • August 29 2012

2011 proved to be a record year for foreign direct investment (“FDI”) in Ireland

Update on companies consolidation bill

  • Matheson
  • -
  • Ireland
  • -
  • August 29 2012

A complete draft of the legislation which will consolidate and simplify Irish company law is expected to be published later this year

Use of US GAAP extended

  • Matheson
  • -
  • Ireland
  • -
  • August 29 2012

The exemption contained in the Companies (Miscellaneous Provisions) Act 2009 (the “2009 Act”) allowing the use of US GAAP by certain Irish companies has been extended