News Archive

Change to Commerical Lending Regulations

Newsletter - October 2009 - Solicitors no longer to act for both Borrower and Lender in "Commercial Property Transactions" impacting heavily on Financial Institutions

National Asset Management Agency (NAMA)

Newsletter - August 2009 - What is NAMA?

Budget 9th December 2009

News - Budget 2009 Highlights

Expected changes in December Budget

Article - Significant changes in capital taxes expected in December Budget

NAMA - Windfall Tax on Rezoning

News - Change to NAMA legislation introduces a new windfall tax on rezoning

Charge On Second Homes

Article - New Charge of introduced on all Second Homes

Crowley Millar successfully defends Riverdance

News - Success for Riverdance

Fair Deal for Nursing Homes Support Scheme

Article - Fair Deal Nursing Support Scheme to commence 27th October 2009

Expected changes in December Budget

Article - Significant changes in capital taxes expected in December Budget

Civil Partnership Bill

Article - Significant changes proposed for Common Law Spouses under new Civil Partnership Bill

Swine Flu in the workplace

Article - Effects of Swine Flu from an Employers Perspective

Expanding your dot horizons

A recent announcement by ICANN (the Internet Corporation for Assigned Names and Numbers) in October 2008 indicated an expansion of the pool of top level domains (TLDs) captured the attention of the world's media. Most front pages hailed the news as a complete overhaul of the Internet system, and ICANN itself described the proposals as "a whole new way for people to express themselves on the net".

Avoiding competition law breaches when negotiating retail supply agreements

In the current economic climate, retail suppliers and distributors are, more than ever, seeking ways to protect their revenue streams. Some may be tempted to do this by pressuring retailers to set minimum retail prices, however, competition law prohibits resale price maintenance ("RPM"). Businesses at all levels of the retail supply chain need to be aware that RPM is contrary to the competition rules and can potentially lead to the agreement being found to be void and substantial fines being imposed by the competition authorities.

Ownership of Materials

Particularly in the current economic climate, it is essential to consider the possibility of a party to a construction contract suffering an insolvency event prior to the completion of a development. It is common practice for developers to make advance payments to contractors to enable them to purchase materials, and to reduce the risk to the contractor of potential developer insolvency. However, if the contractor becomes insolvent following receipt of an advance payment, the developer may end up having to pay twice for materials if ownership of these is not effectively transferred under the original contract. In addition, suppliers can be left out of pocket for unpaid materials they have supplied to an insolvent contractor.

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