Company Law

Pandemic-era rules allowing companies to hold AGMs on a hybrid or fully virtual basis are to be made permanent. The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024, published yesterday, will also make a number of reforms to the State's company law regulators.

New EU rules on corporate sustainability reporting have come into effect in Ireland. The European Union (Corporate Sustainability Reporting) Regulations 2024 require that all large companies and all listed companies (except listed micro-enterprises) report sustainability information in accordance w

New protections for employees in a collective redundancy situation following their employer's insolvency have come into effect today. The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024, which also provides for the establishment of a new statutory

More companies will benefit from abridged reporting requirements and an audit exemption under updated rules. The European Union (Adjustments of Size Criteria for Certain Companies and Groups) Regulations 2024 increases the balance sheet and turnover thresholds for ‘micro’, ‘small&r

The Corporate Enforcement Authority (CEA) secured over 100 court orders and referred a dozen people for prosecution in its first 18 months as Ireland's company law enforcement agency. The CEA yesterday published its first-ever annual report, covering the period from its formal establishment on on 7

Ireland should follow the UK in introducing tax advantages for employee-owned companies, a business group has said. The Irish ProShare Association (IPSA) made the call after digital marketing agency Wolfgang Digital became the first Irish-owned company to become employee-owned using an employee owne

William Fry lawyers Fergus Doorly, Deirdre O'Donovan and Alexandra Drummy examine a recent High Court case where two men were held personally liable for a limited company's debts. In De Lacy v Hevey [2024] IEHC 80, the High Court found that two men involved with the operation of Arden Forestry Manag

Plans to update company law and grant new enforcement powers to statutory authorities have been set out by the government. Ministers have published the general scheme of the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024, which will make a series of amendments to t

Temporary legislation allowing companies to hold their AGMs remotely has been extended for a further year. The interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 related to the holding of virtual meetings, including AGMs, has now been extended to 31 December 2024.

The Court of Appeal determined that Lodge Gaven Limited should be restored to the Register of Companies, but varied the order of the High Court to award Circuit Court costs instead of High Court costs. Delivering judgment for the Court of Appeal, Mr Justice Donald Binchy observed that “where a

Companies House has been given new powers to tackle fraudulent information on the company register under legislation which received royal assent yesterday. The Economic Crime and Corporate Transparency Act introduces what the UK government calls "world-leading powers" to allow authorities to proacti

Ireland has transposed an EU directive providing a unified framework for cross-border conversions and divisions. The European Union (Cross-Border Conversions, Mergers and Divisions) Regulations 2023, signed into law this week, transposes the Mobility Directive into Irish law.

Proposals to enhance the Companies Act 2014 have gone out for public consultation. The Department of Enterprise, Trade and Employment is seeking views on a proposed Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2023 which will focus primarily on four areas of company l

Legislation providing increased protections for employees in a collective redundancy situation following their employer's insolvency is to be drafted as a priority, the government has announced. Ministers yesterday approved the priority drafting of the Plan of Action on Collective Redundancies follo

Company directors will soon be required to provide their Personal Public Service (PPS) numbers in order to file certain documents with the Companies Registration Office (CRO). The requirement will come into effect from 23 April 2023 with the commencement of section 35 of the Companies (Corporate Enf