On 19th December 2016, Frances Fitzgerald, Minister for Justice and Equality signed into the law ‘Courts Act 1981 (Interest on Judgment Debts) Order 2016’ (S.I. 624 of 2016) (“the Order”). This Order reduces the rate of interest payable on judgment debts, under section 26 of the Debtors (Ireland) Act 1940 from 8% to 2%. The […]
OFX once again continued its long standing association with Cope Foundation in sponsoring this year’s Cope Foundation Charitable Trust Golf Classic. This year the event was held at Douglas Golf Club on August 25th. Cope Foundation supports 2,300 children and adults with intellectual disabilities and/or autism in 65 different locations. The event raised much needed […]
On 4 December 2015, The Residential Tenancies (Amendment) Act 2015 was signed into law. The following noteworthy provisions of the 2015 Act came into immediate effect:- a temporary prohibition on conducting rent reviews more often than once in every 2 year period. This restriction is temporary in that it applies until 3 December 2019 when […]
A growing number of Irish citizens now have properties abroad. Whilst many might assume that the will they made many years ago in Ireland would apply to their holiday home in Spain, this is not the case. Until recently, Irish succession law could not govern the way in which a person’s foreign property was to […]
OFX again entered a team in the Grant Thornton 5K Corporate Challenge which took place in Cork on the evening of 29 June 2016. Funds were raised for the nominated charity, Alzheimers Society of Ireland, as the OFX team began the race on the South Mall before heading out around Páirc Uí Chaoimh and finishing […]
In order to streamline Ireland’s bankruptcy legislation with neighbouring jurisdictions the Bankruptcy (Amendment) Act 2015 (“the Act”) was signed into law on the 25th December 2015. The Act provides for several changes to the rules on bankruptcy amending the Bankruptcy Act 1988 in a number of key respects in an attempt to resolve the huge […]
Once again a number of OFX Partners have been recommended in their areas of specialisation in the 2016 Edition of in “The Legal 500 for Europe, Middle East and Africa”, an annual updated, impartial third party opinion on the leading law firms and lawyers in countries across the region. Shane Crossan and Sion Williams were […]