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08 MAR 2017Allied Irish Bank PLC -v- Peter Counihan & Anor [2016] IEHC 752
The recent High Court decision of Mr Justice Max Barrett in Allied Irish Bank PLC v. Peter Counihan & Anor highlights the low threshold for sending applications for Summary Judgment in consumer loan cases to Plenary hearing and may have implications for the way such applications are progressed in future.
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26 AUG 2016Mortgage Enforcement Litigation Update - August 2016
This update covers some of the more relevant Case Law and Legislative updates and a summary of some of the proposed developments of the legislature and government since April 2016.
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12 JUL 2016Objections to Personal Insolvency Arrangements - can a creditor’s voice be heard?
One of the legislative responses to the financial crisis is a profound change to the law on Personal Insolvency.
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24 MAR 2016OSM Partners shortlisted for Irish Law Award 2016
OSM Partners are pleased to announce that the firm has been shortlisted as a finalist in the category Leinster Provincial Law Firm of the Year (Over 5 Solicitors) in the AIB Private Banking Irish Law Awards 2016.
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19 FEB 2016Authorisation Requirements and Standards for Credit Servicing Firms
The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015, was introduced on the 8 July 2015. The Act created a new type of regulated entity being a “Credit Servicing Firm”.
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11 JAN 2016The effect of the Central Bank Lending Rules 2015 on the sale of residential property
The Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Housing Loan Requirements) Regulations 2015
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14 DEC 2015Key Changes to Building Regulations S.I. 9 of 2014 and 365 of 2015
The 2014 regulations apply to any development where a commencement notice is filed after the 1st March 2014.
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30 NOV 2015Mortgage Litigation Update
Those involved with the area of residential mortgages and in particular residential mortgage arrears in the last 5/6 years will be aware of the Code of Conduct on Mortgage Arrears (the “Code”) and the Mortgage Arrears Resolution Process (“MARP”), which forms part of the Code.
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16 NOV 2015Designated Activity Company and the Companies Act 2014 (“the Act”)
The substantive provisions of the Act came into force on the 1st June 2015. It should be noted that there is a transitionary period of 18 months from the commencement of the Act. Under this new legislation all existing private limited companies will be obliged to alter their legal form. The two forms to which they must transition is a private company limited by shares (“LTD”) or designated activity company (“DAC”).
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09 NOV 2015The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015
The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015