Arthur Cox LLP

This Practice Note considers, from the perspective of secured lending transactions, the prohibition on the provision by an Irish company of financial assistance for the purpose of the purchase of its shares, or shares in its holding company under s 82 of the Companies Act 2014 (Ireland). It examines the scope of the prohibition and the exemptions to the prohibition. It also sets out the consequences for the company and its officers where a transaction contravenes the financial assistance prohibition.

This Practice Note provides a high level look at how to create of security over different types of assets in Ireland, including land, shares and other securities, cash deposits in bank accounts, contractual rights, intellectual property, stock and tangible assets (such as ships, aircraft, machinery). It provides a summary of the different types of security which can be taken, the formalities required for the creation of security, registration requirements and the formalities for the release of security. It also provides key points on syndicated lending and the use of quasi-security in Ireland.

This Practice Note looks at the enforcement of security and guarantees in Ireland, setting out the procedures for enforcement issues which a secured creditor should consider before it takes steps to enforce its rights under of security and some key intercreditor issues in relation to the enforcement of security.

This Checklist explains how to apply to list debt securities on Euronext Dublin.

This flowchart illustrates the key steps required to list debt securities on Euronext Dublin.