In the wake of the momentous decision of the UK electorate to leave the European Union, there is no doubt that the period of uncertainty which followed the referendum on 23rd June has led to a slowdown in transactional activity in Northern Ireland as the banks, their customers and professional advisors assess the implications of...
Versloot Dredging BV and another v HDI Gerling Industrie Versicherung AG and others UKSC 45 This Judgment was given by the Supreme Court on 20th July 2016 and has come as a surprise to many in the insurance industry. The Supreme Court has held that a collateral lie told by a policy holder in presenting...
Belfast based law firm Tughans has topped the Experian Deal Review and Advisor League Tables for the number of deals done in Northern Ireland in the first half of the year. The Experian Deal Review Report indicates that Tughans was the most active legal advisor in terms of volume for the first six months of...
Rebecca Moffett, pictured with Tughans’ Managing Partner Patrick Brown, has been appointment as a Partner with the firm. Rebecca is a dual qualified expert in real estate law with over 10 years’ experience, who, in the last 12months, completed deals worth over £185m including the sale of Erneside, Bloomfield, Fairhill and Showgrounds retail parks. ...
Tughans long-term client Delta Print and Packaging, a manufacturing company established in 1981 above a corner grocery store in Belfast, has been acquired for £80m in one of the largest deals completed in Northern Ireland this year. Huhtamaki, a specialist in packaging for food and drink, has bought Delta Print and Packaging. The deal,...
Tughans has announced Action Cancer as its chosen charity for the next year. A 10-strong team from Tughans has already run in the Belfast City Marathon to raise money for Action Cancer and a team from the company will also take part in the 10k Bra Walk next month. Tughans, which earlier this year...
The latest enactment of the European Directives revising public procurement has been made in the UK, with the introduction of the Utilities Contracts Regulations 2016 (UCR) coming into force on Monday 18 April 2016. The Concession Contracts Regulations 2016 also became effective on the same day, creating a discrete regime for the operation of concession...
Local businesses and organisations who are paving the way for a ‘green’ future for Northern Ireland have received commendations from Action Renewables at the leading renewables industry awards, the annual Action Renewables Awards. Praised for their work in furthering the renewables industry locally and displaying outstanding renewables practice, winners from across Northern Ireland were announced...
From 6 April 2016 almost all UK companies and limited liability partnerships (LLPs) will be required to identify and keep a register of the individuals or legal entities that own or have significant control over them. This register is known as the persons with significant control register (PSC Register). From 30 June 2016, all relevant...
Environment Minister, Mark H Durkan, has issued a ‘Call for Evidence’ on permitted development rights for mineral exploration. This follows a number of high profile cases where members of the public have opposed proposals to explore for shale gas both in Fermanagh and in Woodburn, County Antrim. The Minister will formally gather views on whether...