News & Insights
Please search below for the latest publications, clients updates, news and events from across the firm.
Investing in Ireland - New Screening of Foreign Direct Investments Legislation
The Screening of Third Country Transactions Bill 2022 will introduce a screening mechanism for foreign direct investments (FDI) in Ireland for...
The Central Bank (Individual Accountability Framework) Bill 2022 Published
On 28 July 2022, the Central Bank (Individual Accountability Framework) Bill 2022 (the Bill) was published by the Department of Finance (here). The...
Sale of Walco Foods to Neste
LK Shields acted for the Vendors of Walco Foods, a leading Irish trader of animal fats and proteins, on an...
ESMA Q&As: Updates on Frequency of Depositary Reconciliations and Marketing Responsibility for AIFs and UCITS
On 20 July 2022, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on the “Application of the...
“Class 1 Firms” Now Subject to the CRD / CRR Regime in Ireland
Three new sets of Regulations have been published that finalise the implementation of Directive (EU) 2019/2034 (the Investment Firms Directive or...
Implementation of EU Directive on cross-border conversions, mergers and divisions
Directive (EU) 2019/2121), known as the Mobility Directive, aims to eliminate unjustified barriers to the freedom of establishment of EU companies...
Welcome Updates from the Central Bank to the QIAIF Pre-submission Process
On 1 July 2022, the Central Bank published revised guidance regarding the pre-submission requirements it has in place for certain Qualifying Investor...
Significant Changes to the Irish Mergers Regime
The Competition (Amendment) 2022 Act introduces a number of significant changes to the mergers regime in Ireland and it is likely...
Corporate Sustainability Due Diligence: EU Proposal Prioritises Human Rights and the Environment
The European Commission published a Proposal for a Directive on Corporate Sustainability Due Diligence in February 2022. In pursuit of...
Sale of Aspire Technology Unlimited Company to NEC Corporation
LK Shields Solicitors acted for Bill Walsh in the sale of Aspire Technology Unlimited Company to NEC Corporation. Aspire Technology...
Dealing with Conflicts of Interest: What Directors Need to Know
Conflicts of interest are part of doing business, and when they arise it is important for directors to handle them...
Aideen Burke Announced as New Head of Intellectual Property, Technology, Media and Data Privacy
Aideen Burke joins leading corporate and commercial law firm LK Shields Solicitors as a Partner and their new Head of...
Sale of ProAdjust Limited to the Davies Group
LK Shields Solicitors acted for the Vendors of ProAdjust, the specialist provider of loss adjusting and claims management services to...
Awards &
Recommendations
Recommended for Corporate/M&A, Competition/European Law, Energy and Natural Resources, Employment, Investment Funds and Intellectual Property and TMT.
BVP Investments Limited Invests in Eco Urban Scooters Limited
LK Shields Solicitors was delighted to act for BVP Investments Limited in its investment in Eco Urban Scooters Limited. BVP...
LK Shields Solicitors Welcomes New Corporate Partner
LK Shields Solicitors is delighted to announce the appointment of Gemma Forde. Gemma joins the firm as a corporate...
ESG Funds perform better with lower costs – ESMA asks why?
ESMA Risk Analysis: The drivers of the costs and performance of ESG funds The European Securities and Markets Authority ...
LK Shields Solicitors Welcomes New Senior Associate to their Litigation and Dispute Resolution Team
LK Shields Solicitors is delighted to announce the appointment of Abigail Butler as a Senior Associate in the firm&rsquo...
PRIIPs KID for UCITS Retail Investors
PRIIPs KID for UCITS Retail Investors looming, but duplication can be avoided. With effect from 1 January 2023, the European Union (Undertakings...
ESMA Analyses EMIR Data in Archegos case : Risks were visible
Leverage and derivatives – the case of Archegos ESMA has just published a risk analysis study that seeks to foster...
Design Partners Limited
LK Shields Solicitors was delighted to act for the shareholders of Design Partners Limited in the sale of the Irish...
Hotel Investment Fund
LK Shields Solicitors was delighted to advise the promoters of the Hotel Investment Fund on the establishment of their new...
Examinership Proceedings: Do Costs Follow the Event?
Ordinarily, in civil proceedings a successful party in litigation will be awarded their costs. This is known as the legal...
Amendments to List of PCFs
On 10 May, the Central Bank of Ireland (the Central Bank) published a revised timescale and guidance for the re-designation of...
BVP Investments Limited
LK Shields Solicitors LLP was delighted to act for BVP Investments Limited in its participation in a funding round led...
Jenny Ahern Announced as New Head of Banking and Finance at LK Shields Solicitors
Jenny Ahern joins leading corporate and commercial law firm LK Shields Solicitors as their new Head of Banking and Finance. ...
Interim Company Law Provisions Further Extended
Interim Company Law Provisions and Virtual General Meetings extended to 31 December 2022. The interim period of the Companies (Miscellaneous Provisions) (Covid-19)...
Zurich Insurance plc Entitled to Withdraw Storm Insurance Cover
In February, the Court of Appeal upheld a decision of the High Court to dismiss proceedings brought against Zurich Insurance...
Individual Accountability Framework and SEAR: Joint Committee Report
A report (here) on the General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021 has been published by the...
CBI Approves Indirect Exposure to Crypto Assets for Two Regulated Funds
A First for Regulated Irish Funds On 31 March 2022, the Irish Funds Industry Association announced that the Central Bank of Ireland...
The Legal 500 2022
LK Shields Solicitors LLP has once again been highly ranked in the latest edition of The Legal 500 2022 guide to outstanding...
Central Bank Announces New PCF-2 Roles
The Central Bank of Ireland (CBI) updated its list of Pre-Approval Controlled Functions (PCFs) in a Feedback Statement published...
MiCo Make Strategic Investment in and Partnership with Trinity Biotech
LK Shields Solicitors LLP was delighted to act as Irish counsel in support of Nelson Mullins Riley & Scarborough for...
Elkstone Opportunities Fund ILP
LK Shields Solicitors LLP was delighted to support Elkstone in the establishment of Elkstone Opportunities Fund ILP which was...
Liquidity Stress Testing for Corporate Debt and Real Estate Funds
by David Naughton, Katrina Smyth
Health and Safety Issues in the Remote Workplace
by Sinead Byrne
LK Shields Ranked in Chambers Europe 2022
The firm has been highly ranked in the latest edition of Chambers Europe. Leading independent legal ranking publication Chambers...
Event
Data Protection: Developments and Insights
Join James Green of the IP, Technology and Privacy Team at LK Shields for a discussion on data protection -...
P3 Hotel Software Limited
LK Shields Solicitors LLP was delighted to advise P3 Hotel Software Limited as it secured an investment procured by...
Burlington Real Estate Sold to Gresham House
LK Shields Solicitors LLP was delighted to act for the shareholders of Burlington Real Estate Property Management Limited in the...
Compliance Agenda - March 2022
by Colm Hanley, Michelle Howe, Patricia Kelly, Amy McLoughlin
Series A Round of Visibility Blockchain Limited t/a Get Visibility
LK Shields Solicitors LLP acted for Visibility Blockchain Limited t/a Getvisibility in its recent series A funding round. Getvisibility...
Interim Company Law Provisions end on 30 April 2022
The interim period for the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (2020 Act) is due to come to an end on 30...
Companies (Corporate Enforcement Authority) Act 2021
The Companies (Corporate Enforcement Authority) Act 2021 (2021 Act) was signed into law on 22 December 2021. At the time of writing, it...
Mandatory E-Filing of CRO Forms from 1 March 2022
Mandatory online filing for 18 specified CRO forms came into force on 1 March 2022. The requirement applies to fourteen Solvency forms,...
Changes to CRO Fees from 1 March 2022
A new table of fees was introduced by the Companies Act 2014 (Fees) (No. 2) Regulations 2021, which came into force on 1 March 2022....
The Employment Investment Incentive Scheme
by Kristofer O’Shea
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2022 in Focus: Key Employment Law Changes
Join Ciara O’Kennedy and Elizabeth Mara of the Employment, Pensions and Benefits Team at LK Shields for a...
Investing in Ireland: Foreign Direct Investment Screening Regulations
An EU Regulation establishing a framework for screening foreign direct investments (FDI) into the EU from third countries on the...
LK Shields Ranked in Chamber Global 2022
The firm has been highly ranked in the latest edition of Chambers Global. Leading independent legal ranking publication Chambers...
CCPC Mergers & Acquisitions Report 2021
The Irish mergers market is buoyant and vital, according to the report from the Irish Competition and Consumer Protection Commission ...
Aleph Group Acquires Ad Dynamo
LK Shields Solicitors LLP acted for Aleph Group, Inc, a leading global enabler of digital advertising, on the Irish aspects...
Statute of Limitations: The Implications of Smith v Cunningham
by Shane Neville, Laura Finn
Investment by Elan Growth Partners, LLC in Simply NUC, Inc.
LK Shields Solicitors LLP acted for Elan Growth Partners on the Irish aspects of their investment in Simply NUC, Inc. ...
Blow for Commercial Tenants in Irish High Court Ruling
by Jill Callanan, Clare Dowling, Redmond Arigho
Sale of Entire Issued Share Capital of Automatic Plastics Limited to Comar
LK Shields Solicitors LLP was delighted to assist the owners on the sale of Automatic Plastics Limited to...
Crowdfunding: Central Bank Announces New Regulatory Framework
The European Union (Crowdfunding) Regulations 2021 (the "Irish Regulations") came into force on 13 December 2021, giving effect to the ...
ESMA: Common Supervisory Action on Valuation of UCITS and Open-ended AIFs
by David Naughton, Eric Brouwer
BES Management Designated Activity Company Invests in Salaso Health Solutions Limited
LK Shields Solicitors LLP was delighted to act for BES Management Designated Activity Company in its investment in Salaso...
LK Shields Solicitors Announce Two Partner Promotions
Appointments in Litigation and Dispute Resolution and Banking Teams. Leading corporate and commercial law firm LK Shields Solicitors has promoted...
Cross-Industry Guidance on Outsourcing is Published by Central Bank
In recognition of the increased prevalence of outsourcing in the financial services sector, the Central Bank of Ireland has published...
Permission to Enforce Adjudicator’s Decision in Construction Payment Dispute
John Paul Construction LTD v Tipperary Co-Operative Creamery LTD [2022] IEHC 3 The High Court has granted permission to enforce the decision...
Accelerating the Development of Offshore Renewable Energy
by Philip Daly, Jamie Ritchie
Glenpatrick Natural Mineral Water Coolers Limited Acquires Echo Water Limited
LK Shields Solicotrs LLP was delighted to act for Glenpatrick Natural Mineral Water Coolers Limited (“Glenpatrick”) in its...
Investment in Aubren Limited led by BGF and supported by Pat Beirne and Paul Lynch
LK Shields Solicitors LLP was delighted to act for our longstanding client Portlaoise based Aubren Limited in a €...
Enterprise Ireland Invests in Redesdale Food Limited Partnership
LK Shields Solicitors LLP was delighted to represent Enterprise Ireland in connection with its investment as anchor investor through...
Atlantic Bridge Participates in Series A Investment Round of Croivalve Limited
LK Shields Solicitors LLP was delighted to act for Atlantic Bridge’s University Bridge Fund Limited Partnership in connection...
Debts Subject to Personal Guarantees in Examinership
by Jill Callanan, Clare Dowling, Redmond Arigho
Kernel Capital and Infinity Capital Participate in the Investment Round of Altratech Limited
LK Shields Solicitors LLP was delighted to act for long standing client Kernel Capital in connection with its participation in...
Interim Company Law Provisions and Virtual General Meetings extended to April 2022
An extension of the interim period provided for in the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 until 30 April 2022 has been approved...
SCARP Update: New Rescue Process Now Available
The new formal rescue process for small and medium sized companies, SCARP, is now formally a part of Irish law....
Niatim Holdings Limited Sell 51% Majority Ownership Stake in Bray Wanderers Limited to Cabinteely Senior Football Club Limited
LK Shields Solicitors LLP were delighted to act for Niatim Holdings Limited in the sale of its 51% majority ownership stake...
Strong Roots Secures $55 million Investment from McCain Foods
LK Shields Solicitors LLP was delighted to advise the majority shareholders of The Root System Holding Company Limited t...
Capital Markets Union: Forthcoming Legislative Package
A package of proposals has been adopted by the European Commission with the aim of increased integration of EU capital...
Gowan Group Completes Acquisition of FCA Ireland
LK Shields Solicitors LLP was delighted to act for the Gowan Group in the acquisition of FCA Ireland. ...
Michelle Howe joins our Company Secretarial and Corporate Governance Team
LK Shields Solicitors LLP is delighted to welcome Michelle Howe to our Company Secretarial and Corporate Governance team. Michelle...
Compliance Agenda - November 2021
by Colm Hanley, Patricia Kelly
Unlimited Companies: Removal of Naming Exemption on 30 November 2021
Unlimited Companies with an exemption from using the suffix “unlimited company” or “cuideachta neamhtheoranta” in their...
Recovering Interest and Costs as part of a Warranty Claim
by Jennifer McGuire, James Byrne
Annual Return Filing Deadline: 25 November 2021
The annual return filing deadline for many Irish companies is approaching on 25 November 2021. Failure to file an annual return...
Think Research Acquires Pharmapod
LK Shields Solicitors LLP was delighted to act for Think Research (EU) Corporation Limited, a digital health care software solutions...
Calibre Scientific Acquires Carl Stuart Group
LK Shields Solicitors LLP was delighted to act for Calibre Scientific in the acquisition of Carl Stuart Group, an Irish...
Government Approval for an Insurance (Miscellaneous Provisions) Bill
The Government has approved the drafting of the Insurance (Miscellaneous Provision) Bill. Its purpose is to deal with issues...
MBO of Critical Healthcare Limited and Medlogistix Limited
LK Shields Solicitors LLP was delighted to act as legal advisors to Vincent Glennon and GDM Healthcare Limited in the...
Renatus Capital Invest in AQF Limited
LK Shields Solicitors LLP was delighted to advise Renatus Capital on their minority investment in AQF Limited. Founded...
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Return to Office - HR Policies for the Hybrid Workplace
The past eighteen months has been a time of change and development for companies in every sector across Ireland. ...
Calibre Scientific Acquires Reagecon Diagnostics Limited
LK Shields Solicitors LLP was delighted to act for Calibre Scientific in the acquisition of, Shannon based, Reagecon...
Talon Outdoor Purchases the Entire Issued Share Capital of Poster Plan
LK Shields Solicitors LLP was delighted to act for the shareholders in Poster Plan Limited in the sale of...
New Restrictions on Alcohol Advertising during Sporting Events
New restrictions on the advertisement of alcohol products are due to come into force in Ireland on 12 November 2021. These restrictions...
Colm Hanley Announced as New Head of Company Secretarial and Corporate Governance
LK Shields Solicitors LLP is delighted to announce Colm Hanley as our new Head of Company Secretarial and Corporate Governance. ...
