Credit Union Law

Credit Union Law

In a period where the Credit Union Sector is undergoing significant change, we have a dedicated Credit Union team who have developed an expertise and specialism in the area of Credit Union Law. Our goal is to provide Credit Unions with a new outlook on the legal problems facing them in the increasingly difficult and regulated world of financial services and we provide the following services;

AMALGAMATIONS & TRANSFER OF ENGAGEMENTS OF CREDIT UNIONS

• Credit Union Mergers / Credit Union Transfer of Engagements

• Legal and HR Due Diligence Preparation and Advice

• Confidentiality Agreements

• Advising your Credit Union through the Merger/Transfer process from start to completion

• Involuntary Restructuring

• Advices on Special Managements Orders and Transfer Orders

EMPLOYMENT LAW & PENSIONS

The maintenance of a strong, vibrant and cooperative work force is of paramount importance in Credit Union and we provide an extensive service in the following areas:

Full Employment Law audit to NERA (National Employment Rights Authority) standard

Explanation of the law in relation to dismissal, redundancy and staff reorganisation

• Advice on the Obligation of Credit Unions and Rights of Employees under the Protection of Employees Transfer of Undertaking Regulations 2003

• Post Merger Employment Law Considerations

• Examination of your Recruitment Policies

• Carry out Pensions Due Diligence

• Advise on Employment Law Due Diligence issues arising on a Merger or Transfer of Engagements to include an in depth review of a) Contracts of Employment, b) Policies and Procedures & c) Compliance for the purpose of NERA

COMPLIANCE AND CORPORATE GOVERNANCE

• Advisory Service on Corporate Governance and Compliance with Legislation

• Audit on Governance Policies and Procedures

• Formulation of Organisational and Structural Policy

• Formulation of Policies for Implementation

• Drafting of Compliance Manual and Oversight of Compliance Function.

SECURITISATION OF LOANS

• Full Legal Mortgage Service

• Securitisation Reviews

• Registration of Charges

• Enforcement of Security

• Securitisation Procedures and Documentation

COMMERCIAL LITIGATION

• Professional Negligence Claims

• Claims arising from losses incurred on Financial Investments

• Class Actions

ON-SITE TRAINING

Our dedicated Credit Union team offer tailor made on-site training workshops in your Credit Union. These workshops can be tailored specifically to your requirements and can be provided to all levels of your Credit Union structure, from general employees to Board of Directors. Our on-site workshops may cover the following;

• Explanation and Analysis of the Employee Due Diligence Process

• Review of the law relating to Staff Consultation and Staff Reorganisation

• Provide Training for Management and Board of Directors on Insolvency Law

• Provide in House Training for your Merger Team encompassing Pre and Post-Merger Employment Considerations

• A Walk Through the New Regulatory Regime