Directors, board members and investors are faced with a range of questions and logistical issues as a result of COVID-19. Holding AGMs or proceeding with corporate transactions are now pressing considerations for organisations. Our team of corporate lawyers and company secretaries are working closely with clients to provide practical solutions and advice on next steps.
Read our insights or contact our dedicated team to help you mitigate risk and ensure compliance in these challenging times.
AGM Season 2020
We hosted our AGM Season 2020 webinar on Wednesday 2 December where we launched the Mason Hayes & Curran LLP AGM Season 2020 Report.
Fintech & The Future of Finance
We hosted our autumn webinar looking at important developments in the fintech landscape across Ireland and Europe on Wednesday 4 November.
Tech Companies: Funding Innovation
On Thursday 10 September we hosted a webinar looking at funding options for technology companies.
COVID-19 Company Directors and Managing Risk
We were delighted to host a webinar discussing COVID-19: Company Directors and Managing Risk on Wednesday 8 April 2020.
Charities Governance Code - Compliance for Healthcare Organisations
This year, all charities, including voluntary hospitals and healthcare providers with charitable status, must complete an annual Compliance Record Form to comply with the Charities Regulatory Authority (CRA) Governance Code (the Code).
Charities in 2021 – Do What is Essential and Make the Tough Decisions
We usually issue an update to our charity clients in the early new year with suggestions of great plans and strategies that might be considered for the year ahead.
Corporate Update: COVID-19 and the Age of the Virtual AGM
An emergency amendment to the Companies Act provides a couple of practical options for company law compliance by Irish companies during the pandemic. Has the age of the virtual AGM arrived?
COVID-19 – Virtual AGMs and Owners’ Management Companies
The introduction of COVID-19 public health guidelines on travel and gatherings have prompted the Government to temporarily amend company law provisions which regulate the convening and holding of general meetings.
Pragmatic Legislation to Facilitate Insolvency Processes During COVID-19
The Irish parliament has passed temporary legislation to facilitate insolvency processes which will hopefully enable the survival of more businesses during the COVID-19 crisis.
COVID-19 Fallout: Practical Legislative Measures Introduced to Assist Companies Act Compliance
Companies and co-ops are now enabled to hold general meetings by Zoom and similar technologies and to delay their AGMs to any date in 2020. We review the new law.
Charities Regulatory Authority Extends Deadline for Annual Reports
We briefly examine the announcement by the Charities Regulatory Authority which extends the deadline for annual reports to 31 October 2020.
Restructuring Viable Businesses in Ireland
For many companies facing financial stress, restructuring liabilities is the only way for their business to survive. Consensual restructuring, or voluntary workout, requires agreement from creditors to reorganise the company’s liabilities, and is typically implemented by agreement between the company and its creditors.
A Timely Reminder of the Duties Directors Owe to Their Companies
Given the stresses likely to be felt by companies during COVID-19 and throughout the phased lifting of the restrictions, directors need to be as cognisant as ever of the duties which they owe to their companies. We provide a timely reminder of those duties.
COVID-19 Corporate Update: Next Steps for the Irish Nursing Homes Sector
The Irish Minister for Health Simon Harris announced in April 2020 new measures to help tackle the rising COVID-19 crisis in nursing homes. This temporary scheme is intended to help nursing homes financially with up to €72 million available in supports over a three-month period (the Scheme).
Charities & Not-for-Profit: Navigating the Challenges of COVID-19
Niamh Callaghan, Partner in our Charities and Not-for-Profit team, participated in a webinar for charity leaders and trustees, which provided guidance on how best to manage some of the many challenges affecting the charity sector as a result of COVID-19. In this Update, we give further details on the questions that Niamh covered.
Charities & Not-for-Profit: The Impact of COVID-19 on Charities and New Guidance on Cybercrime Prevention
The Charities Regulatory Authority recently published its “Survey Report on the Impact of Coronavirus (Covid-19) on Charities”. This followed its publication of its new guidance document “Protecting your charity from cybercrime”.
The Pandemic Stabilisation and Recovery Fund – Further Support for Medium and Large Businesses
The Irish Government announced a €2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic Investment Fund to support medium and large enterprises in Ireland that have been affected by COVID-19. We look at the scope of this welcome measure and which businesses are eligible to apply.
New €40m Government Supports for Charities and Other Non-Profits
The Irish Government has announced a €40 million support package for charities, voluntary organisations and social enterprises to provide assistance in these unprecedented times. Applications can be submitted from today, 11 May, and close next week. We examine the scope of these supports and how your organisation can apply.
COVID-19 Tax Update| Corporation Tax Residence, Income Tax and More
COVID-19 presents challenges to many taxpayers who are trying to comply with their tax obligations in spite of serious disruption to their business. Recent guidance from the Irish Revenue Commissioners shows an appreciation for the difficulties faced by many businesses. We highlight below some of the helpful measures in this guidance designed to assist businesses, including Irish and international companies doing business in Ireland. In addition, we provide a brief overview of the temporary wage subsidy scheme which is being administered by the Irish Revenue.
Corporate Governance & Compliance | Are Your Company Records Compliant on the Cloud During and After COVID-19?
Directors of Irish companies have a statutory duty to ensure that their company’s registers and accounting records are maintained in accordance with law. While those records may be maintained electronically, companies should exercise caution when using server computers and cloud computing to do so.
Corporate Governance & Compliance | Top 5 Tips for Directors of Companies Facing Business Difficulties
Failure by directors to adequately navigate and deal with the many risks associated with the current crisis may contribute to a company’s poor financial performance and can ultimately lead to director restriction or disqualification. We look at some steps which directors should consider to prevent these outcomes.
Corporate | Financial Supports available to Businesses affected by COVID-19
We examine some of the financial supports which are available to businesses in Ireland who are facing financial issues as a result of the COVID-19 crisis.
Mediation | Courts Close but Remote Mediation can be the ‘New Normal’
The COVID-19 pandemic means we are living and working in unprecedented times. For now, the pandemic has changed how we work, but we have adapted. We look at how we continue to resolve disputes in this “new normal”.
Decision Making by Charities During COVID-19 Outbreak
We take a look at the increased challenges for charity trustees making decisions for their charities, including decisions regarding employees, during the COVID-19 outbreak. We also look at updates from the Charities Regulatory Authority.
Corporate | COVID-19 - Spreading into AGM Season?
We look at the options available to companies where shareholder participation in an AGM is restricted due to measures required to limit the spread of COVID-19.
M&A | Isolating the Issues in M&A Transactions
With the number of confirmed cases of COVID-19 increasing daily on the island of Ireland, we look at how the continued spread of the virus may impact the negotiation of M&A transactions.