The Statute of Limitations Act, 1957 provides a defence to claims which are made after a certain amount of time has elapsed. Depending on the type of action brought, different limitation periods apply.
The Central Bank of Ireland (the “CBI”) announced a relaxation of its existing mortgage lending rules on 18 October 2022 to allow prospective homeowners borrow up to four times their income as a result of growing affordability challenges in the market since they were first introduced in 2015.
The Government originally introduced the Debt Warehousing Scheme (DWS) as part of the July 2020 Stimulus Package to support businesses who had cashflow and trading difficulties due to the Covid-19 pandemic.
In a recent High Court case before Justice Twomey, the Court was posed with the question of whether or not a settlement agreement negotiated outside of court can remove the obligation on a Defendant to reimburse the Department of Social Welfare. While this question had been answered in the negative by the Court on a previous occasion, the current case looked to answer whether the situation might be different if one of the Defendants is a State Body
Gore & Grimes Solicitors LLP is delighted to welcome four new associates to the firm, strengthening the expertise of our Family Law, Private Client, Commercial Litigation & Dispute Resolution, and Corporate & Commercial departments.