Legal Advice for Credit Unions
The Credit Union regulator has advised the Eircom credit union to take legal advice about how it might obtain two Irish Stock Exchange reports detailing breaches of the exchange’s rules by Davy Stockbrokers in relation to the sale of certain bonds. Brendan Logue said he had asked the Irish […]
Appointment of Special Manager to Credit Union by the High Court
The first application of its kind was made before the High Court last Friday seeking to appoint a special manager to Newbridge Credit Union. The application comes as Credit Unions around the country are faced with increasing arrears and increased regulation on corporate governance. The special manager will take over the running of Newbridge Credit […]
Credit Unions – Transfer of Engagements- Getting your House in Order
During the year I have been preparing a lot of reports on Credit Unions and possible Transfer of Engagements. Many of the Credit Unions that I have had the pleasure of visiting around the country have been upgraded over the last 10 to 20 years. In many cases they are impressive offices built to service the needs of their members and provide a comfortable […]
