In August 2010 DePuy announced a recall of the ASR hip replacement systems. This arose as a result of a variety of complications arising with the units post hip replacement. It is our view and recommendation that prior to or indeed following such recall (and further surgery where recommended) patients should as soon as possible [...]
On the 30th of November 2010, Basil Hegarty retired as a consultant to Timothy J. Hegarty & Son after 46 years in practice and will no longer practice as a Solicitor. Basil was instrumental in bringing the firm to where it stands today, as one of Cork premier legal practices. Through his years in practice he continuously raised [...]
The Minister for Finance announced certain changes in relation to stamp duty in his Budget speech on the 7th of December 2010. NEW RATES A new lower rate of 1% will apply to instruments where the consideration attributable to residential property does not exceed €1,000,000. A higher rate of 2% will apply to the excess of [...]
With the enactment of the Arbitration Act 2010, Irish companies will have instant access to a recognisable and internationally accepted code of international arbitration law, originally devised by the United Nations Commission on International Trade Law, and known colloquially as the 'Model Law'. The Act enables Irish businesses to obtain an arbitration award/judgment that can be [...]
There has been much publicity following from recent events involving Solicitors Undertakings given to Banks as part of commercial transactions. The Law Society has carried out a significant consultation process with people from both inside and outside of the legal profession. It was clear from this consultation process that there was an overwhelming support for the prohibition of [...]
As of the 12th January 2004 Ireland has a specialist Commercial Court handling commercial cases involving claims exceeding €1,000,000. Rule 1 of Order 63(A) sets out the categories of case which may be admitted to the Commercial Court list, which envisage most standard commercial disputes. However, admission into the commercial list is at the discretion of the Judge of [...]
There are new changes to the application of Capital Aquisitions Tax (CAT), which include: CAT is no longer a Charge on property. There is an introduction of a 'pay and file' regime for Gift Tax/Inheritance Tax which now must be completed online. Any tax is to be paid through Revenue Online System (ROS). For further [...]
Please note that there have been major changes in relation to the procedures in extracting Grants of Probate. The main changes in the Probate procedures are as follows:- 1. There is a new Form of Inland Revenue Affidavit with different procedures in relation to how it is dealt with. 2.All Inland Revenue Affidavits are now sent directly [...]
Timothy J. Hegarty & Son launched their new Website on the 18th of March 2010.
