Webinar: The Role of Directors in Distributions, Loans and Capital

Past Event: This event happened on Thursday, 21st May 2020.

Please join us for a webinar with ICSA Ireland where Ruairí Mulrean and Elaine Hughes will discuss the following aspects of Distributions, Loans and Capital:

  • Law Governing Distributions, Loans and Capital
  • When is a distribution made?
  • Profits available for distribution
  • Types of distributions/dividends
  • Power to pay dividends or make distributions – Board v Shareholder approval
  • Unlawful distributions
  • Deemed Distributions
  • Prohibition on pre-acquisition profits being treated as profits available for distribution (Hold Co)
  • Corporate considerations

We will also touch on Directors' loans, and:

  • Law governing
  • Process - Summary approval procedure (SAP)
  • Transactions that are exempt from SAP
  • Corporate considerations

The ICSA is the representative body of The Chartered Governance Institute in the Republic of Ireland, supporting the growing community of chartered secretaries and members across the governance, risk and compliance landscape. This breakfast seminar is hosted by the ICSA and sponsored by LK Shields.

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