Politics
The Lengthening Anglo Irish Bank Road
Under the Market Abuse (2003/6/EC) Regulations 2005 it is an offence to breach the regulations by engaging in the acts set out in Regulation 5
Bankruptcy
Fianna Fail ministers have discovered the seat of Ireland’s problems; the Labour party is the problem, apparently.
The Short/Long Anglo Irish Bank Road
“…any person was knowingly a party to the carrying on of any business of the company with intent to defraud creditors of the company, or creditors of any other-person or for any fraudulent purpose;”
The Long Anglo Irish Road
The Anglo Irish Bank “shareholders” are all “former shareholders”; the shares of the Bank have been transferred to the Minister. Logically, no rights to issue proceedings by former shareholders against proposed Defendants can arise from the expropriation of the shares by the Minister for Finance, but it would be foolhardy to sue without first writing to the Minister and obtaining his consent to issue proceedings, seeking civil remedies.
Bad Banks & Bad Language
Despite the incompetence (to be temporarily mealy-mouthed) of The Irish Financial Regulatory Authority (the Central Bank of Ireland trading under a pseudonym) the ugly truth just may leak out, despite the best efforts of Brian Lenihan and Brian Cowen to prevent it from leaking out.
12th January 9 A.D.
In the face of power, formally judicial or otherwise, it is necessary to be circumspect.
Mixing it, lawfully
He justifies this, it appears, by claiming to have been acting in defence of his secretary. The uncertainty lies in the issue as to why she needed defending.
Managing Ireland
An executive failure (whether in the executive proper or in the administration of the Courts) is all the less forgivable when a good workable proposal is advanced by the Commission and then ignored.
Re-Fried Beans
What actually happens is that a team of civil servants re-writes, polishes, and re-formulates what the member said. The effect is to make the member appear to have been speaking received english (and therefore, capable of doing so; a dubious proposition in many cases).
Business is Business
Under the Regulations, the plaintiff client will become liable for fees only if he/she:
a) fails to co-operate with the legal representative;
b) fails to attend any medical or expert examination or court hearing which the legal representative reasonably requests him to attend;
c) fails to give necessary instructions to the legal representative; or
d) withdraws instructions from the legal representative.