Terry Gorry

13 Financial Supports for Small Businesses During the COVID-19 Crisis

Are you a small business owner? If you are it is almost certain that you are experiencing the most difficult trading conditions you have ever faced. The economy, with a small number of exceptions, has virtually shut down as a consequence of the Covid-19 crisis. And it is to continue for an unknown period. If …

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Taking Over an Existing Commercial Lease? Don’t Make This Mistake

I am often asked by budding entrepreneurs to review the lease of a commercial premises which is part of a small business they are considering purchasing. The entrepreneur, understandably, is trying to avoid as much avoidable expenditure as possible and wants the lease reviewed for a competitive fee. I can do that, of course, without …

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Starting a Business In Ireland-What Steps Do You Need to Take?

So, you are thinking of starting a business? And you don’t know what are your legal obligations? Let’s take a look. Firstly, consider the legal structure of your business. Will you be a sole trader, partnership, or limited company? Regardless of which structure you adopt you will need to register with the Revenue Commissioners for …

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Passing Off-Court of Appeal Confirms Test in Galway Free Range Eggs Case

When it comes the economic tort of  passing off there is an accepted 3 part test which a Plaintiff needs to pass in order to win an intellectual property case involving passing off. The test is as follows: you must prove Goodwill or reputation in a product Misrepresentation by someone which may lead to confusion …

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Voluntary Liquidation of a Company by the Members

A company can be dissolved by liquidation and there are three categories of liquidation: A voluntary liquidation by the members after the making of a statutory declaration of solvency A voluntary liquidation by the members which is ratified by the company creditors A court ordered liquidation In a voluntary liquidation the appointed liquidator must file …

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Competition Law in Ireland-What SMEs and Entrepreneurs Need to Know

Have you been the victim of unfair competition or anti competitive practices in your industry? Perhaps you have encountered an abuse of dominance by one or more competitors? There is strong competition law on the statute books to protect you, you know. The principal piece of legislation deal with with competition law in Ireland is …

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