Today in the News

Ryanair reports full year profits surged 66%. Revamped tax incentives draw in film production. Aer Lingus sale expected to be approved by Cabinet. Limerick council purchases old Dell building to lease as a new film studio for Ardmore.

May 26, 2015, 09:35 AM

Upcoming Creditors Meetings and Recent Appointments

Creditors meetings taking place from the 25th to the 29th of May 2015 and the most recent appointments.

May 22, 2015, 12:49 PM

Legal Costs Insurance: De-Risking Litigation & Questions involving Security for Costs

Court of Appeal confirms that ATE (“After the Event”) Insurance is part of the Irish Legal Landscape.
 
In a Judgment in Greenclean v Leahy delivered on 8 May 2015, the Court of Appeal recognised that ATE Insurance has "crept into this jurisdiction" despite the absence of legislative change of the type that was introduced in England in 1999. The Court further held that the existence of an ATE policy is a factor for a court to give consideration to in exercising its discretion whether to order security for costs.


May 22, 2015, 12:30 PM

From Boom to Bust to Boom Again – What is Attracting Investors to Ireland?

There is nowhere in Europe that demonstrates cyclicality quite like the island of Ireland. Having experienced a most dramatic economic crash and a CRE downturn of a magnitude not experienced anywhere else in Europe after the global economic downturn in 2008, the Irish economy and commercial real estate market have rebounded significantly over the last two year period.  The market has gone from boom to bust to boom again in spectacular fashion. Demand for CRE opportunities in the Irish market is very strong at present with more than 50% of the €4.5 billion invested in Irish commercial real estate in 2014 emanating from overseas buyers and a large proportion of the more than €20 billion invested in Irish loan portfolios in the period emanating from non-domestic buyers. Considering the cyclicality of the Irish economy and in turn its’ commercial real estate market, why are CRE investors focussed on Ireland at this juncture?

May 22, 2015, 12:17 PM
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