News & Insights
Please search below for the latest publications, clients updates, news and events from across the firm.
Acquisition of International Airline Marketing by European Cargo Services.
LK Shields was delighted to act for the shareholders of International Airline Marketing (Holdings) Limited in the sale of their...
CCPC publishes strategy statement 2024-2026
by Marco Hickey
Sons Investment Round
LK Shields is delighted to have acted for Sons on it's recent investment round. The LK Shields team involved...
Guidelines for MiCAR: EBA and ESMA Publish Consultation Paper
by Mina Dawood, David Naughton
ESG and Directors’ Duties
by Gemma Forde
BVP Investments Limited invests in Positive Carbon Limited
BVP Investments Limited has procured an investment out of the 2022 BVP EII Fund into Positive Carbon Limited. Positive Carbon Limited...
Greenwashing in Investment Funds
by David Naughton, David Williams, Katrina Smyth, Narita Woods, Mina Dawood
EU Foreign Subsidies Regulation Comes into Force
by Marco Hickey
LK Shields Announces New Litigation Partner
LK Shields is delighted to announce Muireann Granville’s promotion to partner of the firm. Muireann joined the...
Sale of Keaney Insurance Brokers Limited to Arthur J Gallagher Holdings (Ireland) Limited
LK Shields was delighted to act for Terry Keaney in the sale of Keaney Insurance Brokers Limited to Arthur J...
BVP Investments Limited invests in X-Bolt Orthopaedics
BVP Investments Limited has procured an investment out of the 2022 BVP EII Fund into X-Bolt Orthopaedics. X-Bolt’s business...
The Office of the Planning Regulator: Role and Functions
by Elaine O’Connor
Sure Valley Ventures Enterprise Capital L.P.’s investment in Captur Limited
LK Shields was delighted to act for long standing client Sure Valley Ventures in connection with its investment in...
Central Bank will be ELTIF-Ready from January 2024
by David Naughton, David Williams, Katrina Smyth, Narita Woods, Mina Dawood
Joint Ventures for Business Growth
by Seanna Mulrean
Event
Sustainable Development: ESG in Commercial Real Estate
Bonham Quay - A Case Study Since the first phase of the iconic Bonham Quay development was completed over a...
Fundamental Changes to Competition Law in Ireland Come into Force
by Marco Hickey, Heather Mahon
Work Life Balance and Miscellaneous Provisions Act 2023 – An Update
by Aoife Bradley
Investment by Quintas Wealth Management Limited in Spark Digital & Analytics
LK Shields was delighted to act for Quintas Wealth Management Limited in its investment in Spark Digital & Analytics Limited. ...
Occupli Acquires Florentine Loughney Safety Training
LK Shields was delighted to act for Occupli, an Erisbeg portfolio company, on its acquisition of Florentine Safety...
Defective Concrete Products Levy
The Finance Act 2022 (the Act), which was signed into law in December 2022, introduced the Defective Concrete Products Levy (the Levy). ...
Sponsorship of Motion by Electronomous 2023
As a firm that supports start-ups, particularly those in the future mobility/transport sector, we are delighted to be among...
ORS Acquires John Spain Associates Limited
LK Shields was delighted to act for ORS, an Erisbeg portfolio company, on its acquisition of John...
Update: UCITS Management Costs and Fees
In a previous article, we analysed the Central Bank of Ireland’s key findings arising from its review of...
Former Employee, Dismissed for Posting Hate Speech on Social Media, Wins Unfair Dismissal Case
The employer was notified by a member of the public that the employee was posting extreme views regarding refugees in...
Sale of Majority Stake in Lynott Teleconsult Limited to Nostra
LK Shields was delighted to act for Sydney Harman and Sarah Lynott in the sale of a majority stake in...
Investment by Quintas Wealth Management Limited in Gigable Limited
LK Shields was delighted to act for Quintas Wealth Management Limited in its investment in Gigable Limited. Gigable is a...
Sale of Celtic Linen to Johnson Service Group plc by Causeway Capital Partners and other members of management
LK Shields acted for Causeway Capital Partners and other vendors in the sale of, our valued client Celtic Linen, to...
European Commission Adopt European Sustainability Reporting Standards
European Sustainability Reporting Standards Adopted by European Commission. These common standards clarify impending obligations under the Corporate Sustainability Reporting Directive ...
ORS Acquire the Entire Issued Share Capital of GSP Fire
LK Shields was delighted to assist ORS, an Erisbeg portfolio company, on its acquisition of GSP Fire Limited....
Employment - Case Law Update
The Workplace Relations Commission (“WRC”) recently awarded a former CEO, Mr Mario Kistner (“MK”), €133,800 in...
Markets in Crypto-Assets Regulation – An Update on Timings
Crypto Assets Regulation (MiCA) entered into force in June 2023. MiCA creates a common set of rules applicable to issuers...
Investment by BES Management DAC in Digital Learning Institute
LK Shields Solicitors LLP was delighted to act for BES Management DAC in its investment in the Digital Learning Institute. ...
Litigation Funding: New Rules for International Commercial Arbitration in Ireland
Third-party funding of international commercial arbitration in Ireland will be enabled by the Courts and Civil Law (Miscellaneous Provisions) Act 2023. ...
Recent Stamp Duty Changes
Some recent changes have been made in relation to certain reliefs and refund schemes which may be of interest to...
Investment in Connemara Distillers Limited trading as Micil Distillery
LK Shields was delighted to act for NPR Investments Limited, the shareholder of Connemara Distillers Limited trading as Micil Distillery,...
LK Shields Acts for the Gardiner Group in the Sale of Genfitt Limited
LK Shields was delighted to act for the Gardiner Group, our valued long standing client, in regard to the...
Erisbeg acquires a majority stake in EMR Integrated Solutions
LK Shields was delighted to act for Gagner Limited, part of the Erisbeg Group, on an agreement to acquire...
LK Shields Announces Head of Mergers and Acquisitions
LK Shields is delighted to announce the appointment of corporate partner Jennifer McGuire as the firm’s new Head...
LK Shields Interviews Construction Adjudicator Niall Lawless in respect of “Smash and Grab” Adjudications
“There has been some considerable debate as to what the consequences are for the absence of a valid &ldquo...
Sale of AREX Markets Group to BNKBL LTD
LK Shields was delighted to assist in the sale of AREX Markets to Bankable LTD. AREX Markets...
The EU’s Retail Investment Package Targets Undue Costs for Consumers
A Retail Investment Package was adopted by the European Commission on 24 May 2023, which focuses on investor protection. It is...
Public Works Contracts: A Review of Recent Developments
Over the last two years, the Office of Government Procurement has introduced a series of changes to the Capital Works...
Awards &
Recommendations
Recommended for Corporate/M&A, Investment Funds and Dispute Resolution.
Proposed Enhancements to the Companies Act 2014
A public consultation on proposals to enhance the Companies Act 2014 was launched by the Department of Enterprise, Trade and Employment...
Mandatory Online Filings from 11 June 2023
A range of CRO forms will become mandatory online filings through the CORE portal from 11 June 2023: G1 B4: Special...
Directors: Requirement for PPS Numbers from 11 June 2023
After a short delay with implementation, the new PPS number disclosure requirement will commence from 11 June 2023. All company directors of...
Compliance Agenda - June 2023
by Colm Hanley, Michelle Howe, Patricia Kelly, Denise Twomey
Auto-Enrolment and Pensions: An Update
Automatic enrolment is a new form of retirement savings system that is intended to be introduced in Ireland in 2024. ...
ISIF backs Elkstone’s €100m Startup Fund
LK Shields were delighted to support Elkstone in admitting the Ireland Strategic Investment Fund (ISIF) as a limited partner and...
W&I Insurance Update
Warranty and indemnity insurance has been used for many years in corporate transactions to provide a buyer with recourse under...
Sale of CorrIT Limited to ArisGlobal Limited
LK Shields acted as solicitors for the shareholders in the sale of CorrIT Limited t/a SPORIFY to ArisGlobal. SPORIFY...
Government to Address Windfall Gains in The Energy Sector With Legislation
The General Scheme of the Energy (Windfall Gains in the Energy Sector) Bill 2023 was approved by the Government on 21 March 2023. ...
UCITS Management Costs and Fees: Dear Chair Letter From the Central Bank
The Central Bank of Ireland (“Central Bank”) issued a letter to the Chairs of UCITS in March to...
Series A round of Meili Travel Technology Limited
LK Shields was delighted to have assisted Schooner Capital on Irish law matters in connection with its participation in...
Law of Capital Acquisitions Tax, Stamp Duty and LPT, Finance Act 2022
Emmet Scully has co-edited ‘Law of Capital Acquisitions Tax, Stamp Duty and LPT, Finance Act 2022’ recently published by...
LK Shields Announces Appointment of New Managing Partner
The firm is also delighted to announce two new department heads and one promotion to corporate partner LK Shields is...
Awards &
Recommendations
Recommended for Competition/European Law, Corporate/M&A, Dispute Resolution, Employment, Intellectual Property, Investment Funds, Real Estate.
Awards &
Recommendations
Recommended for Banking and Finance, Capital Markets, Commercial, Corporate and M&A, Construction, Data Privacy, Dispute Resolution, EU and Competition, Employment, Energy and Natural Resources, Insolvency and Restructuring, Insurance, Information Technology, Intellectual Property, Investment Funds, Projects and PPP, Real Estate.
ESMA Updates Q&As: AIFMD, Crowdfunding, EuSEF and EuVECA Regulation (EU) and Securities Settlements
ESMA recently published updated versions of four Q&As. The updated Q&As relate to the following...
Auction Sales of Private Companies: The Bidding Process
If you are selling a company, then an auction sale might be an option for you to consider. An auction...
Probationary Periods – A Testing Time
Probation is not a legally defined term but generally is understood to mean a specific period usually at the...
Acquisition of MBC Insurance by The Clear Group
LK Shields was delighted to assist insurance brokerage group, The Clear Group, with the Irish aspects of its acquisition of...
Legal 500 2023
LK Shields has once again been highly ranked in the latest edition of The Legal 500 2023 guide to outstanding lawyers...
Performance Bonds in Construction - The Ascertainment Conundrum
Bonds creating security for contractor performance are typically seen forming part of the contractual framework underpinning a construction project. A...
Update to the Central Bank’s Position on QIAIFs Holding Indirect Exposure to Digital Assets
On 4 April 2023, the Central Bank of Ireland published the 47th Edition of the AIFMD Q&A (the Q&...
Sale of Noone Casey to ETL International AG
LK Shields was delighted to act for Noone Casey, an accounting, assurance and corporate finance firm based in Dublin with...
Investment by Atlantic Bridge University Fund II and Elkstone Ireland Venture Fund Limited in Bluedrop Medical Limited
We were delighted to act for Atlantic Bridge University Fund II and Elkstone Ireland Venture Fund Limited in their investment...
Directors: Requirement for PPS Numbers from 23 April 2023
From 23 April 2023, all company directors of Irish companies will be required to provide their Personal Public Service (PPS) number to...
Acquisition of the Haddington Hotel Business
LK Shields was delighted to have advised HH Victoria group in their acquisition and financing of Haddington House. The...
The Purchase by Egis Group of J.B Barry and Partners Holdings Limited and Its Subsidiaries
LK Shields was delighted to act for French company, Egis in its acquisition of Dublin-headquartered civil engineering business, J.B....
The Individual Accountability Framework: Implementation by The Central Bank
On 9 March 2023, the Central Bank (Individual Accountability Framework) Act 2023 (IAF Act 2023) was signed into law. This legislation provides a substantial...
Kester Capital Backs Management Buy-Out of MAP Patient Access
LK Shields acted as Irish counsel for Kester Capital, a UK private equity specialist, in the investment in MAP Patient...
Establishment of Sure Valley Ventures III Limited Partnership
We were delighted to advise long standing client Sure Valley Ventures on the establishment of its third venture capital...
Event
The New Protected Disclosures/Whistleblowing Legislation - What Employers Need to Know
Join us for a panel discussion on the key changes that employers should be aware of in relation to the...
Acquisition by Corlytics of SparQ
LK Shields was delighted to advise Corlytics Limited on its acquisition of SparQ reg tech from Dutch bank ING. ...
Chambers Global 2023
Leading independent legal ranking publication Chambers Global has again highly ranked a number of our practice areas and solicitors. Our...
Investment by BVP Investments Limited in Jewellery Brand Chupi
LK Shields was delighted to act for BVP Investments Limited in its investment as part of a wider round in...
Employment Contracts Must Be Transparent and Predictable: Implications for Employers
The European Union (Transparent and Predictable Working Conditions) Regulations 2022 were signed into law, and came into force, on 16 December 2022. The...
LK Shields Welcomes Pat Fox to their Real Estate Team
LK Shields is delighted to welcome back Pat Fox as a Partner in their Real Estate team. Pat is a...
Sale of Frankie Health to Unmind
LK Shields acted as Irish counsel for the Vendors of Frankie Health, a provider of personalised mental health platforms for...
Own Funds Requirements for UCITS ManCos and AIFMs: Changes Proposed by Central Bank
The Central Bank of Ireland is proposing to introduce new own funds requirements for UCITS Management Companies and Authorised Investment...
Merger Control in Ireland: 2022 in Review
The Mergers and Acquisitions Report for 2022 was recently published by the Competition and Consumer Protection Commission (CCPC). The report...
Residential Zoned Land Tax: Important Dates for ‘Owners’ of Land
Owners of land, which is zoned for residential development and serviced, may be liable for Residential Zoned Land Tax (RZLT)...
Top Tips for Start-Ups
When starting a new business, the decisions that need to be made can seem complex and daunting. Start-ups normally...
The Quest for B-Corp Certification, What Does it Mean for Businesses?
B Corp status is a certification that a business prioritises its social and environmental impact over profits. Any Irish for-profit...
Disruptive Technologies Innovation Fund Driving Investment in Research and Innovation
In December of last year, the Minister for Further and Higher Education, Research, Innovation and Science, Simon Harris TD announced...
Changes to Probationary Periods: Employers Beware and Prepare
The European Union (Transparent and Predictable Working Conditions) Regulations 2022 came into force in Ireland on 16 December 2022. These Regulations introduce...
LK Shields Acts for Quiktipz Limited
LK Shields Solicitors LLP was delighted to act for Quiktipz Limited as it secured an equity investment to allow it...
Forgo Limited’s acquisition of the share capital of O’Reilly, Stuart and Associates Limited
LK Shields is delighted to have assisted Forgo Limited, an Erisbeg company, on its acquisition of a majority stake in...
EI Electronics purchase of Brooks Australia Pty Ltd
Shannon based Irish Company EI Electronics has acquired its Sydney Based Australian Distributor Brooks PTY. Employing 35 people throughout Australia, Brooks...
Disposal of entire issued share capital of Accent Facilities Solutions Limited
LK Shields was delighted to have assisted in the sale of our long-time client, Accent Facilities Solutions Ltd t/a...
New Planning and Development Bill: Reform is imminent in 2023
A draft Planning and Development Bill was approved by the Government in December and is expected to be officially published...
Joint Venture between Centric Health and Irish Life
LK Shields was delighted to act for Centric Health in the formation of a joint venture with Irish Life....