News & Insights

Please search below for the latest publications, clients updates, news and events from across the firm.

Search



Photo for article Own Funds Requirements for UCITS ManCos and AIFMs:  Changes Proposed by Central Bank

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...

Photo for article Merger Control in Ireland:  2022 in Review

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...

Photo for article Residential Zoned Land Tax:  Important Dates for ‘Owners’ of Land

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)...

Photo for article Top Tips for Start-Ups

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...

Photo for article The Quest for B-Corp Certification, What Does it Mean for Businesses?

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...

Photo for article Disruptive Technologies Innovation Fund Driving Investment in Research and Innovation

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...

Photo for article Changes to Probationary Periods:  Employers Beware and Prepare

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...

Mergers and Acquisitions
Photo to illustrate article https://www.lkshields.ie/images/uploads/news/Deals_RoundUp_2022.png.

During 2022, the team at LK Shields was delighted to support our clients in 60 transactions spanning a wide variety of sectors. The aggregate value of the...

Photo for article LK Shields Acts for Quiktipz Limited

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...

Photo for article Forgo Limited’s acquisition of the share capital of O’Reilly, Stuart and Associates Limited

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...

Photo for article EI Electronics purchase of Brooks Australia Pty Ltd

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...

Photo for article Disposal of entire issued share capital of Accent Facilities Solutions Limited

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...

Photo for article New Planning and Development Bill:  Reform is imminent in 2023

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...

Photo for article Joint Venture between Centric Health and Irish Life

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....

Photo to illustrate article https://www.lkshields.ie/images/uploads/news/Most_Attractive_Youtube_Thumbnail.png.

On behalf of everyone at LK Shields Solicitors LLP, we would like to thank you for your support in 2022. This year, instead of sending cards...

Photo for article Climate Change : Considerations for Irish Real Estate

Climate Change : Considerations for Irish Real Estate

With 2023 approaching, readers are reminded of the Climate Action and Low Carbon Development (Amendment) Act 2021 which came into force in...

Photo for article Sure Valley Ventures Participate in Investment round of Opsmatix Systems t/a Jaid

Sure Valley Ventures Participate in Investment round of Opsmatix Systems t/a Jaid

LK Shields was delighted to act for long standing client Sure Valley Ventures in connection with its participation in...

Photo for article Smarttech247 IPO on AIM of the London Stock Exchange

Smarttech247 IPO on AIM of the London Stock Exchange

LK Shields was delighted to act as legal adviser to Smarttech247 Group PLC on Irish matters on its...

Photo for article Sure Valley Ventures Enterprise Capital LP participation in the investment round of Opsmatix Systems Limited t/a Jaid

Sure Valley Ventures Enterprise Capital LP participation in the investment round of Opsmatix Systems Limited t/a Jaid

LK Shields was delighted to act for long standing client Sure Valley Ventures in connection with its participation in...

02 Feb 2023
Photo to illustrate article Construction Law Forum – Galway.
Event

Construction Law Forum – Galway

The Projects and Construction Team at LK Shields Solicitors is hosting its first Construction Law Forum in Galway.   ...

Photo for article Kilimanjaro Holdings acquires 70% of the issued share capital of Regular Limited

Kilimanjaro Holdings acquires 70% of the issued share capital of Regular Limited

LK Shields was delighted to act for Kilimanjaro Holdings Limited, a UK based subsidiary of Deutsche Entertainment Aktiengesellschaft (DEAG) ...

Photo for article New PPSN Disclosure for Directors of Irish Companies

New PPSN Disclosure for Directors of Irish Companies

The requirement for all Directors of Irish companies to provide their PPSN to the Registrar of Companies is expected to...

Photo for article Acted for Vyrga Holdings Limited, part of the Erisbeg Group, on the acquisition of Eolas Recruitment Limited

Acted for Vyrga Holdings Limited, part of the Erisbeg Group, on the acquisition of Eolas Recruitment Limited

LK Shields is delighted to have acted for Vyrga Holdings Limited, part of the Erisbeg Group in the acquisition of...

Photo for article Central Bank Measures Target Vulnerabilities in Irish Property Funds Sector

Central Bank Measures Target Vulnerabilities in Irish Property Funds Sector

The Central Bank of Ireland issued its finalised macroprudential policy framework for Irish property funds on 24 November 2022.  In its...

Photo for article Sale of Harmony Timber Solutions Limited and GMP Developments Limited to Glenveagh Contracting Limited

Sale of Harmony Timber Solutions Limited and GMP Developments Limited to Glenveagh Contracting Limited

LK Shields Solicitors was delighted to act on behalf of the sellers of Harmony Timber Solutions Limited and GMP Developments...

Photo for article LK Shields acts for Glenpatrick Natural Water Coolers Limited

LK Shields acts for Glenpatrick Natural Water Coolers Limited

LK Shields Solicitors was delighted to act for Glenpatrick Natural Mineral Water Coolers Limited in its acquisition of Galway based...

Photo for article Commercial Tenant’s Defence of ‘Partial Frustration’ during COVID Rejected by High Court

Commercial Tenant’s Defence of ‘Partial Frustration’ during COVID Rejected by High Court

A commercial tenant of a retail premises, in arrears, was unsuccessful in its claim that the lease was partially frustrated...

Photo for article LK Shields Acts for BVP in its Follow-On Investment in Foodmarble Digestive Health Limited

LK Shields Acts for BVP in its Follow-On Investment in Foodmarble Digestive Health Limited

LK Shields Solicitors LLP was delighted to act for BVP in its follow-on investment in Foodmarble Digestive Health Limited. BVP...

Photo for article Ameresco acquisition and upgrade of a 4.85MW Windfarm County Cork

Ameresco acquisition and upgrade of a 4.85MW Windfarm County Cork

LK Shields Solicitors was delighted to have assisted Ameresco, a leading cleantech integrator specializing in energy efficiency and renewable energy...

Photo for article Central Bank of Ireland Fines UCITS Management Company €117,600 for Breach of Disclosure Requirements

Central Bank of Ireland Fines UCITS Management Company €117,600 for Breach of Disclosure Requirements

On 14 November 2022, the Central Bank of Ireland issued a press release noting that it had reprimanded and fined Mercer Global...

Photo for article Terms and Conditions for the First Offshore Auction under the Renewable Electricity Support Scheme in Ireland

Terms and Conditions for the First Offshore Auction under the Renewable Electricity Support Scheme in Ireland

The terms and conditions for the first offshore wind auction under the existing Renewable Electricity Support Scheme (RESS) were approved...

Photo for article Solar Panels:  New Planning Exemptions do not Eliminate other Legal Issues

Solar Panels:  New Planning Exemptions do not Eliminate other Legal Issues

Solar panels may now be installed on the rooftops of most buildings in Ireland without any need for planning permission. ...

Photo for article High Court upholds the Constitutionality of the Personal Injuries Guidelines

High Court upholds the Constitutionality of the Personal Injuries Guidelines

A decision of the High Court of Ireland has upheld the constitutionality of the Personal Injuries Guidelines.   The Personal...

Photo for article LK Shields acts for Suir Valley Funds ICAV

LK Shields acts for Suir Valley Funds ICAV

Suir Valley Funds ICAV acting solely in respect of its sub-fund Sure Valley Ventures’ participation in the investment round...

Photo for article Minority Oppression and Awarding Costs:  Lessons from the Court of Appeal

Minority Oppression and Awarding Costs:  Lessons from the Court of Appeal

A recent decision of the Court of Appeal showcases the potential of section 212 of the Companies Act 2014, which provides for...

Photo for article New Standard Contractual Clauses:  Implementation and December Deadline

New Standard Contractual Clauses:  Implementation and December Deadline

The European Commission published updated Standard Contractual Clauses (SCCs) under the GDPR on 4 June 2021. Organisations have until 27 December 2022 to incorporate...

Photo for article Investment by MyTicket Services Limited in Oshi Software Limited t/a Tickets.ie

Investment by MyTicket Services Limited in Oshi Software Limited t/a Tickets.ie

LK Shields Solicitors was delighted to act for MyTicket Services Limited in its investment for a majority shareholding in Oshi...

Photo for article Revenue’s Debt Warehousing Scheme Extended

Revenue’s Debt Warehousing Scheme Extended

An extension to the Debt Warehousing Scheme has been announced by the Revenue Commissioners. The Debt Warehousing Scheme (DWS) was...

Photo for article Government Approves Ban on Evictions Until April 2023

Government Approves Ban on Evictions Until April 2023

The Government has approved  a temporary ban on evictions  until 1 April 2023.   The forthcoming legislation will provide for...

Photo for article  Jamie Ritchie Appointed as Head of Projects and Construction at LK Shields Solicitors

Jamie Ritchie Appointed as Head of Projects and Construction at LK Shields Solicitors

LK Shields Solicitors is delighted to announce that Jamie Ritchie has been appointed as Head of our highly regarded Projects...

Photo for article Changes to the Irish Examinership Regime:  The European Union (Preventive Restructuring) Regulations 2022.

Changes to the Irish Examinership Regime:  The European Union (Preventive Restructuring) Regulations 2022.

The corporate insolvency aspects of Directive (EU) 2019/1023 on preventive restructuring were recently implemented in Ireland through the European Union (Preventive...

Photo for article BP Multipage Limited

BP Multipage Limited

LK Shields Solicitors was delighted to assist BP Multipage Limited, an Erisbeg portfolio company, on its acquisition of...

Photo for article Unlimited Companies – Changes to Filing Rules

Unlimited Companies – Changes to Filing Rules

Updated filing rules for private Unlimited Companies (ULCs) that have limited liability subsidiaries (regardless of where those subsidiaries are registered)...

Photo for article Register of Beneficial Ownership – Annual Report 2021

Register of Beneficial Ownership – Annual Report 2021

The Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO) has published its annual report for 2021...

Photo for article Branch / External Company – Accounts Filing 

Branch / External Company – Accounts Filing 

All companies operating a branch in Ireland are required to file accounting documents with the CRO. An EEA company is...

Photo for article Compliance Agenda – October 2022

Compliance Agenda – October 2022

by Colm Hanley, Michelle Howe, Patricia Kelly
Photo for article Annual Returns Filing Deadline – 25 November 2022

Annual Returns Filing Deadline – 25 November 2022

Most Irish companies have a financial year end date of 31 December and ideally an annual return date (ARD) of 30 September. ...

Photo for article Deadline for SFDR Disclosure Fast Track Filing Looms

Deadline for SFDR Disclosure Fast Track Filing Looms

The Central Bank has provided updated Guidance on the SFDR Level 2 Pre-Contractual Fast-Track Filing Process for UCITS and AIFs.  ...

Photo for article How Can Private Companies Incentivise Employees in 2022 and Beyond

How Can Private Companies Incentivise Employees in 2022 and Beyond

There is no doubt that the last two years have been challenging for businesses and their employees for many reasons. ...

Photo for article  Budget 2023: Improvements to the Key Employee Engagement Programme

Budget 2023: Improvements to the Key Employee Engagement Programme

Improvements to the Key Employee Engagement Programme (KEEP) were announced in the Budget 2023 Statement.  Such improvements form part of...

Photo for article New Powers to Impose Fines and Sanctions Introduced by the Competition (Amendment) Act 2022

New Powers to Impose Fines and Sanctions Introduced by the Competition (Amendment) Act 2022

The Competition (Amendment) Act 2022 will introduce numerous changes to the regulation and enforcement of competition law in Ireland.  The...

Photo for article LK Shields act for Kajima on Belmayne Residential scheme

LK Shields act for Kajima on Belmayne Residential scheme

LK Shields was delighted to advise Kajima Ireland Limited in relation to the development and financing of a new 258-home...

Photo for article A Welcome Development for Life Settlement QIAIFs

A Welcome Development for Life Settlement QIAIFs

In a welcome move, the Central Bank of Ireland (“CBI”) has simplified the authorisation requirements for Qualifying Investor...

Photo for article Ronspot Limited Investment Round

Ronspot Limited Investment Round

LK Shields Solicitors LLP was delighted to act for Ronspot Limited in connection with its latest investment round.  Emmet...

Photo for article Outsourcing Registers:  Requirements of Central Bank of Ireland

Outsourcing Registers:  Requirements of Central Bank of Ireland

The Central Bank of Ireland recently published templates and related guidance notes for each of the following sectors to facilitate ...

Photo for article Investing in Ireland - New Screening of Foreign Direct Investments Legislation

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...

Photo for article The Central Bank (Individual Accountability Framework) Bill 2022 Published

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...

Photo for article Acted for the Vendors of Walco Foods, a leading Irish trader of animal fats and proteins, on the sale of the company to Neste

Acted for the Vendors of Walco Foods, a leading Irish trader of animal fats and proteins, on the sale of the company to Neste

LK Shields acted for the Vendors of Walco Foods, a leading Irish trader of animal fats and proteins, in the...

Photo for article ESMA Q&As:  Updates on Frequency of Depositary Reconciliations and Marketing Responsibility for AIFs and UCITS

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...

Photo for article “Class 1 Firms” Now Subject to the CRD / CRR Regime in Ireland

“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...

Photo for article Implementation of EU Directive on cross-border conversions, mergers and divisions

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...

Photo for article Welcome Updates from the Central Bank to the QIAIF Pre-submission Process

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...

Photo for article Significant Changes to the Irish Mergers Regime

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...

Photo for article Corporate Sustainability Due Diligence: EU Proposal Prioritises Human Rights and the Environment

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...

Photo for article Sale of Aspire Technology Unlimited Company to NEC Corporation

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...

Photo for article Dealing with Conflicts of Interest:  What Directors Need to Know

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...

Photo for article  Aideen Burke Announced as New Head of Intellectual Property, Technology, Media and Data Privacy

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...

Photo for article Sale of ProAdjust Limited to the Davies Group

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.

Chambers Europe 2022
Photo for article BVP Investments Limited Invests in Eco Urban Scooters Limited

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...

Photo for article LK Shields Solicitors Welcomes New Corporate Partner

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...

Photo for article ESG Funds perform better with lower costs – ESMA asks why?

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 ...

Photo for article LK Shields Solicitors Welcomes New Senior Associate to their Litigation and Dispute Resolution Team

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...

Photo for article PRIIPs KID for UCITS Retail Investors

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...

Photo for article ESMA Analyses EMIR Data in Archegos case :  Risks were visible

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...

Photo for article Design Partners Limited

Design Partners Limited

LK Shields Solicitors was delighted to act for the shareholders of Design Partners Limited in the sale of the Irish...

Photo for article Hotel Investment Fund

Hotel Investment Fund

LK Shields Solicitors was delighted to advise the promoters of the Hotel Investment Fund on the establishment of their new...

Photo for article Examinership Proceedings:  Do Costs Follow the Event?

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...

Photo for article Amendments to List of PCFs

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...

Photo for article  BVP Investments Limited

BVP Investments Limited

LK Shields Solicitors LLP was delighted to act for BVP Investments Limited in its participation in a funding round led...

Photo for article Jenny Ahern Announced as New Head of Banking and Finance at LK Shields Solicitors

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. ...

Photo for article Interim Company Law Provisions Further Extended

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)...

Photo for article Zurich Insurance plc Entitled to Withdraw Storm Insurance Cover

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...

Photo for article Individual Accountability Framework and SEAR:  Joint Committee Report

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...

Photo for article CBI Approves Indirect Exposure to Crypto Assets for Two Regulated Funds

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...

Photo for article The Legal 500 2022

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...

Photo for article Central Bank Announces New PCF-2 Roles

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...

Photo for article MiCo Make Strategic Investment in and Partnership with Trinity Biotech 

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...

Photo for article Elkstone Opportunities Fund ILP

Elkstone Opportunities Fund ILP

LK Shields Solicitors LLP was delighted to support Elkstone in the establishment of Elkstone Opportunities Fund ILP which was...

Mergers and Acquisitions
Photo to illustrate article https://www.lkshields.ie/images/uploads/news/Chambers_Europe_2022_Website_Play.png.

The firm has been highly ranked in the latest edition of Chambers Europe.

Photo for article LK Shields Ranked in Chambers Europe 2022

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...

27 Apr 2022
Photo to illustrate article Data Protection: Developments and Insights.
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 -...

Employment, Pensions and Employee Benefits
Photo to illustrate article https://www.lkshields.ie/images/uploads/news/YouTube.png.

Ciara O’Kennedy and Elizabeth Mara of the Employment, Pensions and Benefits Team at LK Shields discuss the key changes and developments in employment law...

Photo for article P3 Hotel Software Limited

P3 Hotel Software Limited

LK Shields Solicitors LLP was delighted to advise P3 Hotel Software Limited as it secured an investment procured by...

Photo for article Burlington Real Estate Sold to Gresham House

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...

Photo for article Compliance Agenda - March 2022

Compliance Agenda - March 2022

by Colm Hanley, Michelle Howe, Patricia Kelly
Photo for article Series A Round of Visibility Blockchain Limited t/a Get Visibility

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...

By using this website you allow us to place cookies on your computer. Our cookies do not personally identify you.