Cows grazing in Tubbercurry, County Sligo, Ireland. (Barbara Leonard photo, special to Courthouse News)
LUXEMBOURG (CN) The European Union’s high court held on Wednesday that EU law doesn’t preclude Ireland from requiring foreign lawyers to work with local counsel.
Finding that the requirement doesn’t create an undue burden on litigants or violate the EU’s free movement of goods and services, the European Court of Justice ruled against Volkmar Klohn, an organic farmer living in Tubbercurry, County Sligo.
After a local board upheld planning permission in 2006 for the construction of a dead animal processing plant near his farm, Klohn brought a series of unsuccessful appeals ultimately ending in defeat before the Irish High Court.
A hearing related to a €1.64bn tax assessment by the Revenue Commissioners against US drug firm Perrigo is now slated to be held in November by the Tax Appeals Commission.
Last November, the High Court here upheld a 2018 assessment raised against Perrigo, which has its corporate headquarters in Dublin.
In 2018, the Revenue Commissioners hit Perrigo with the €1.64bn tax claim related to the drug company s acquisition of Irish pharma firm Elan in 2013. Eight months prior to its acquisition by Perrigo, Elan had sold a 50pc in multiple sclerosis treatment Tysabri to US pharma firm Biogen.
Elan received an upfront cash payment of $3.25bn from Biogen, as well as an ongoing royalty stream.
US fund seeks to quiz media in Ryanair legal action independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.
Planemakers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.
Monument Re Limited: Monument Re Acquires Variable Annuity Portfolio From Athora Life Plc.
Monument Re announced today that, subject to necessary Irish High Court and regulatory approvals, it has agreed to acquire the closed-block portfolio of variable annuities from Athora Ireland plc, a wholly-owned subsidiary of Athora Holding Ltd. Financial terms of the transaction were not disclosed.
We are pleased to have reached agreement with Athora to acquire this block of business which further reinforces our position as the market leading consolidator in Ireland, said Manfred Maske, CEO of Monument Re.
About Athora Holding Ltd.
Athora is a specialised insurance and reinsurance group fully focused on the European market. Athora dedicates its focus, capital, time and technical insights to offering its customers a stable, long-term performance on its products. Athora s principal subsidiaries are Athora Netherlands N.V. (Amstelveen, Netherlands), Athora Belgium N.V./S.A. (Brussels),