Financial services law

Bill to stop banks selling loans without borrowers' permission backed by FLAC

A bill which would stop banks from selling loans to investment funds without borrowers' permission has won backing from legal rights group FLAC.

Published 18 April 2019

Bank ordered to pay €4,000 compensation after refusing account to Syrian refugee

A bank has been ordered by the Workplace Relations Commission (WRC) to pay €4,000 in compensation to a Syrian refugee who was denied a bank account.

Published 10 April 2019

Dillon Eustace advises Deutsche Bank on securitisation of Seniors Money loan book

Dillon Eustace recently advised the London branch of Deutsche Bank AG on the securitisation of the Seniors Money mortgage book.

Published 9 April 2019

ByrneWallace banking and finance shortlisted for European award

ByrneWallace's banking and finance team has been shortlisted for a prestigious European award in connection with its work on a securitisation arrangement entered into by Permanent TSB plc (PTSB) for a portfolio of loans.

Published 4 April 2019

High Court: Defences relied on by builder challenging application for specific performance of contract for sale rejected

A builder who challenged an application for specific performance of the sale of his home pursuant to a contract he signed in 2014, has had all defences relied on rejected in the High Court.

Published 28 March 2019

Orla O'Connor appointed first woman leader of Arthur Cox

Arthur Cox has announced the appointment of Orla O'Connor as its next chairperson, marking the first time that a woman has held the law firm's top post.

Published 25 March 2019

Central Bank to review practice of lenders adding legal fees to arrears

The Central Bank of Ireland has announced it will review the practice of lenders adding legal fees to the mortgage arrears accounts of homeowners involved in repossession cases.

Published 19 March 2019

LK Shields appoints Adrian Mulryan as head of financial services

LK Shields has announced the return of Adrian Mulryan as the firm's new head of financial services.

Published 12 March 2019

Supreme Court: Former bank executive loses appeal against conviction for conspiracy to defraud

The former chief executive of Irish Life & Permanent, who was found guilty of conspiracy to defraud, has lost an appeal against his conviction.

Published 22 February 2019

High Court: Financial services company alleging pressure to mis-sell financial products granted injunction against EBS

A financial services company alleging that a Termination Notice of its Tied Agency Agreements with EBS was as a result of its refusal to succumb to “pressure” from EBS to “mis-sell financial products”, has been granted an injunction in the High Court.

Published 15 February 2019

Naomi Gaston: Lost password costs £105 million

Naomi Gaston, senior associate at Mills Selig, writes on the importance of security at major cryptocurrency exchanges.

Published 8 February 2019

Maples and Calder advises Abu Dhabi investment manager on landmark Irish authorisation

Maples and Calder's investment management group has successfully obtained authorisation for an Abu Dhabi-based investment manager to act for Irish-authorised Collective Investment Schemes for the first time.

Published 21 January 2019

High Court: Businessmen entitled to defend vulture fund’s claim for €9.4m loan

Three businessmen who were granted a €9.4 million loan from EBS Building Society in 2009 have successfully argued that they are entitled to defend Promontoria’s claim for the €9.7 million now owed.

Published 10 January 2019