Business

A recent High Court judgment highlights the importance of an Expert Witness demonstrating to the court that he/she is an expert witness. If the Expert Witness does not demonstrate his/her expertise, then the evidence will not be considered. I set out below a link to the case: Havbell DAC v/s Hillard https://www.courts.ie/acc/alfresco/627e9e5a-830d-4610-aa4d-2e6fdceaf6a9/2019_IEHC_841_1.pdf/pdf#view=fitH As the judgment…

The Supreme Court has just handed down a judgment which could create a “speed bump” for banks/vulture funds if their pleadings do not properly “particularise the amounts that they are owed. Mr. O’Malley appealed a High Court judgment obtained by Bank of Ireland, claiming that there was uncertainty on his part as to his liability…

When a director borrows money from their company for personal use there are a number of legal and tax issues to be considered. Directors’ loans and the Companies Act 2014 The Companies Act 2014 prohibits directors or connected parties to them been given loans greater than 10% of the company’s net assets except in certain…

One thing I have learned over the years is that whilst one can read and understand legislation, what really matters is how the High Court interprets it. The Land and Conveyancing Law Reform (Amendment) Act 2019 is now law. I set out below a link to the Act: The Act initially started out as “Keeping…

The High Court has found that Debtors may live beneath Reasonable Living Expenses whilst going through a Personal insolvency Arrangement. The Court recently gave judgment in which it overturned two Circuit Court decisions in respect of the matter. The central issue before the High Court was whether it is permitted under the Acts to construct…