Today in the News

Sales at Next plunged 4.7% in the first quarter of 2016. Euro zone retail sales dropped more than expected in March. Irish manufacturing growth slowed to a two and a half year low amid Brexit fears. Irish SMEs are closing in on their larger competitors when it comes to attracting staff.

May 4, 2016, 11:24 AM

Upcoming Creditors' Meetings and Recent Appointments

Upcoming creditors' meetings taking place from Monday the 2nd to Friday the 6th of May 2016 and the most recent appointments. 

Apr 29, 2016, 12:47 PM

Matheson Update: High Court Holds That Appointment of Receiver Under Seal of the Bank Also Constitutes Appointment by the Bank “in Writing Under its Hand”

In a recent judgment in the case of Ken Fennell v Ben Gilroy & Ors1, the High Court has held that a deed of appointment of a receiver executed by the bank under its seal must also constitute a document executed by the bank “in writing under its hand” in accordance with the provisions of section 24 of the Conveyancing Act, 1881 in circumstances where:

1. it is a document; 

2. it is in writing; and 

3. a signature of an authorised signatory of the bank appears on the bottom of it.  

Apr 29, 2016, 12:29 PM

Irish High Court Confirms Maintenance and Champerty are Unlawful

In a Judgment delivered on 20 April 2016 in the case of Persona Digital Telephony Limited and The Minister for Public Enterprise [2016] IEHC 187, the High Court confirmed a long standing position in this jurisdiction that it is unlawful for a third party with no interest in a dispute to fund another party’s litigation, particularly where the third party is doing so in return for a share of any damages awarded.

Apr 29, 2016, 12:28 PM


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