Legislation allowing companies to hold virtual annual general meetings (AGMs) during the Covid-19 pandemic has been extended until the end of the year. The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 makes temporary amendments to the Companies Act 2014 and the Industrial and Provident S
Company Law
Legislation allowing the vast majority of companies in Ireland to be rescued without applying to the courts will be drafted as a matter of priority. Robert Troy, minister of state in the Department of Enterprise, Trade and Employment, yesterday announced he had secured government approval for the pr
The vast majority of companies in Ireland are set to benefit from a proposed new stand-alone process which will allow for them to be rescued without going to court as part of the examinership process. The proposed "summary rescue process", now out for consultation, was designed by the Company Law Re
Nearly four in ten Irish-listed companies held closed AGMs in 2020 as a result of the Covid-19 pandemic, according to a report from business law firm Mason Hayes & Curran LLP. The firm's AGM Season Report 2020 reviews the types of AGMs that took place during the pandemic and the implications of
Online shareholder meetings may continue to be allowed in Irish law beyond next summer if take-up remains strong after the end of the Covid-19 pandemic, William Fry has said. Over 170 in-house legal counsel from across Ireland yesterday attended a virtual William Fry CounselConnect conference which
Company start-up registrations in Ireland reached a five-year low in the first half of 2020, according to new figures, but there may be signs of a recovery. In January, company start-up registrations exceeded 2,200 in a single month for the first time ever, according to the figures published by CRIF
Calls have been made for the Government to temporarily amend company legislation so that virtual annual general meetings (AGMs) can be held, as companies try to cope with the coronavirus pandemic, The Irish Times reports. By law, all companies must hold AGMs and the maximum time allowed between meet