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Supreme Court decides that companies cannot be restricted under section 150
- A&L Goodbody
- -
- Ireland
- -
- December 31 2008
The Supreme Court decided on 16 December 2008 in the Worldport Ireland Limited case that bodies corporate or companies cannot be restricted under Section 150 of the Companies Act 1990
European order for payment procedure: a new method of debt recovery
- A&L Goodbody
- -
- European Union, Ireland
- -
- January 20 2009
On the 12 December 2008, Council Regulation (18962006) creating a European order for payment procedure, came into effect in Ireland
Supreme Court deals a blow for common sense
- LK Shields
- -
- Ireland
- -
- July 4 2008
The Supreme Court has described the statutory regime relating to the restriction of company directors as ‘draconian’
New rules for debt enforcement in civil disputes
- A&L Goodbody
- -
- Ireland
- -
- July 7 2009
A recent test case brought by an unemployed mother of two has resulted in the Government changing the law dealing with debt recovery enforcement procedure
Dispute resolution clause interpreted commercially
- Matheson
- -
- Ireland
- -
- November 24 2009
In a recent decision, the English High Court refused an application for an injunction preventing termination of a contract because the dispute resolution clause did not contain clear wording freezing the right to terminate during the dispute resolution procedure
Supreme Court decision on governing jurisdiction clauses
- Matheson
- -
- Ireland
- -
- March 2 2010
In O'Connor & Anor v Masterwood (UK) Ltd & Ors, the plaintiffs alleged that a prior agreement with a third party to the dispute which did not contain a governing jurisdiction clause should govern the arrangement
Directors should review management accounts on monthly basis says High Court
- A&L Goodbody
- -
- Ireland
- -
- October 13 2009
The High Court has said, in a case which concerned an application to restrict two directors of an insolvent company, that company directors should review their company's management accounts on a monthly basis to enable them to assess whether their company is trading profitably
Rome I Regulation comes into effect
- A&L Goodbody
- -
- European Union, Ireland
- -
- December 22 2009
On 17 December 2009, Rome I, a new EU Regulation (Regulation 5932008EC on the Law Applicable to Contractual Obligations) came into effect
Remit of Small Claims Court extended to business claims
- A&L Goodbody
- -
- Ireland, United Kingdom
- -
- January 12 2010
New legislation has been introduced extending the remit of the Small Claims Procedure to include certain business claims
Inadvertent waiver of events of default
- LK Shields
- -
- Ireland, United Kingdom
- -
- June 22 2010
The past couple of years in Ireland have seen lenders adopt a 'wait and see' approach to a large number of borrower defaults, but such tactics can be fraught with danger, particularly in light of a recent UK court decision
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