Europe

CHALLENGING THE VALIDITY OF A WILL

Dealing with the death of a relative can be a difficult and emotional time, but even more so if a dispute arises over the terms of a Will. There are two grounds on which a Will can be challenged in Scotland:

1. FORMAL VALIDITY

Formal validity deals with the procedural requirements that must be abided by in order to ensure that the Will is a valid testamentary document. For example, a Will should be in writing and it should be signed at the bottom of every page. Surprisingly, it does not need to be witnessed to be valid, but it is much better practice to have a Will witnessed to avoid some procedural steps that have to be taken to implement a Will that is not witnessed. The formal validity of a Will is governed by The Requirements of Writing (Scotland) Act 1995. Read more…

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INSOL Publication 2020: Treatment of secured claims in insolvency and pre-insolvency proceedings II

INSOL Publication 2020: Treatment of secured claims in insolvency and pre-insolvency proceedings II
Authors: Giorgio Cherubini, Giancarlo Cherubini We are delighted to announce that Giorgio Cherubini and Giancarlo…
Giorgio Cherubini
Giancarlo Cherubini

This new volume clearly illustrates the advantages and limitations of secured status in pre-insolvency and insolvency proceedings in each of the 20 jurisdictions covered. The 20 chapters contained within the book cover a wide range of key issues that practitioners would find useful, including the types of security rights that are available, the enforcement of such rights, circumstances when the granting of secured rights may be challenged and declared void, and the impact of reorganisation of a company on secured creditors, to name but a few.
Download the attached document.

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CAN I GET OUT OF A COMMERCIAL LEASE EARLY?

COVID-19 has had a significant impact on almost every business in Scotland. For many businesses, it means they no longer require their business premises or can no longer afford them. There are of course many other reasons, not directly related to COVID-19, that you, as a commercial tenant may wish to exit a commercial lease. Perhaps operations have downsized or expanded and the place is no longer fit for purpose, or business needs demand a change of location. Regardless of the circumstances, if you need to get out of a commercial lease early, there are options which may be available to you. Read more…

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Unity Technologies I.T Limited announces acquisition of IT Force Limited

Combined operation will employ over 100 people

Congratulations to Unity Technologies I.T Limited (‘Unity’) (a leading provider of IT Cloud Managed Services) on the acquisition of IT Force Limited (‘ITF’) (a provider of IT Cloud Support, Managed IT Services and Managed IT Security Services) for an undisclosed consideration. Stephen Walker, our consultant corporate solicitor, was pleased to advise and support ITF in this transaction.

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University of Limerick Foundation elects new chairman Harry Fehily

Harry Fehily, our Managing Partner, is looking forward to continuing to assist the University of Limerick Foundation, as the newly elected Chairman.  Harry has been a board member of the Foundation for a number of years and is successor to Chair Dr Loretta Brennan Glucksman, who is stepping down from the role after six years.

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Amarenco Group successfully closes a €150 million new capital commitment

Tikehau Capital, an asset management and investment group, becomes a cornerstone shareholder to support Amarenco’s growth in solar power production

We were delighted to act for Amarenco in this transaction, with Stephen Walker, Consultant, advising.

Six months after opening its capital to IDIA Capital Investissement, Amarenco Group, a major global solar power producer and a leading company in sustainability, announced the closing of a €150 million new capital increase. Tikehau Capital, the alternative asset management and investment group, contributed significantly to this capital increase, becoming a key shareholder of Amarenco Group.

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Excelling in our Quality Standard Audit

Congratulations and thank you to all our staff on the firm once again being awarded an exceptional score of 99%, a Gold Standard, in the Q9000 Legal Quality Standard audit.

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New procedure on medical devices import for their further registration

A new procedure on medical devices import for their further registration in Russia1 will enter into force from 1 January 2021.

According to the new procedure, Roszdravnazor (Russian Federal Service for Surveillance in Healthcare) issues an authorization for medical device import for its further registration in electronic format. Such authorization is valid within 1 year and allows the applicant to import a medical device once.

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HOMS NEWS ISSUE 1 2020

In this our 50th year in business we have successfully faced a variety of challenges with our clients, not least the Covid-19 pandemic and the threat posed by a hard Brexit.  I must acknowledge the continued support of you, our valued clients, the resilience of our dedicated staff in adjusting to changed working conditions and the ongoing commitment of our team to excellence in the delivery of legal services.

Having recently watched the Michael Jordan series “The Last Dance”, I would recommend it to you all. Michael Jordan realized as his career progressed that “talent wins games” but “teamwork and intelligence wins championships”.  You are not alone in the challenges you face.  We are keeping our focus on our core objective, how can we best help our clients at this time of crisis, support you and find solutions to your problems.  As a country, we have shown solidarity and one of our best qualities is that we thrive in the face of adversity. I am confident in our ability to overcome this pandemic. Pharma companies such as Regeneron are leading the global way in the fight against the virus.  I compliment the University of Limerick who are pioneering research into Covid-19 and I congratulate Kerstin Mey on her appointment as Interim President. Read more…

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HOMS News Issue 1 2020

In this our 50th year in business we have successfully faced a variety of challenges with our clients, not least the Covid-19 pandemic and the threat posed by a hard Brexit.  I must acknowledge the continued support of you, our valued clients, the resilience of our dedicated staff in adjusting to changed working conditions and the ongoing commitment of our team to excellence in the delivery of legal services.

Read full article