Philip Lee LLP

2023 was another record breaking year for our M&A team which has seen our rankings in the Mergermarket and Experian report on the Irish M&A market strongly rise again. Those rankings show that we continue to gain market share in the large complex transactions both in terms of deal flow and transaction value. In this video, we take a quick look back at a cross section of some of the deals our team worked on throughout the year. Andreas McConnell Eoghan Doyle Jonathan Kelly Bernard McEvoy Rebecca McEvoy Inez Cullen Hugo Grattirola Ita O'Sullivan Anna Hickey Andrew Tzialli

Our projects and construction partner, Angelyn Rowan featured in the latest Housing Ireland Eolas Magazine examining the impact of the Recast Energy Performance of Buildings Directive on the residential sector in Ireland. The purpose of the legislative framework is to boost the energy performance of buildings to achieve a highly energy efficient and decarbonised building stock by 2050. Read the full article here: https://lnkd.in/g4WAeggc #Housing #Construction #Projects #DecarbonisedBuildingStock

Congratulations to Oilinvest Group on its investment into Stockholm carbon token company, Net Zero Company. The funding (which also came from VARO Energy) will be deployed to support the global development and expansion of a high quality, traceable, and asset- backed Carbon Removal Token (CRT). The development of these CRTs shall address the vital call to effectively register and trade the removal of at least 3 billion tonnes of atmospheric carbon dioxide by the year 2030. The NetZeroCompany CRTs, built on the Ethereum blockchain, shall introduce sought after levels of access and traceability to the voluntary verified carbon credits market. Philip Lee’s Corporate and Climate Finance teams were delighted to advise Oilinvest Group on the transaction and we wish the team at Net Zero Company all the best for their ongoing growth. To read more, click here: https://lnkd.in/gTpdC8Fe

AI Act implementation: The countdown clock has started. Head of technology Sean McElligott looks at the key dates to consider. Coming in at a modest 144 pages, Regulation 2024/1689, better known as the AI Act, has just been published in the Official Journal. This immediately starts the countdown to implementation: - The prohibitions on prescribed AI practices take effect from 2 February 2025 - The regulations around GPAI models take effect from 2 August 2025 - The regulations around Annex III high-risk AI systems take effect from 2 August 2026 - The remaining regulations on high-risk AI systems take effect from 2 August 2027 #AI #artificialintelligence

France is in the news this week following its elections. And with its national Bastille Day this Sunday, July 14th, there's much to celebrate in Ireland/France relations. Not least our €30 billion trade relationship and the fact that France is the biggest Eurozone investor in Ireland. Philip Lee partner Hugo Grattirola, head of Philip Lee’s French Desk, takes a look at the top 5 most popular traded items between both countries and why Ireland is an attractive place for French business. Specialising in corporate/commercial transactions Hugo Grattirola works with French speaking clients looking to set up in Ireland. France Ireland Chamber of Commerce, French Trade Advisors in Ireland, NetworkIrlande, La Chambre de Commerce et de l'Industrie Franco-Irlandaise, Enterprise Ireland, IDA Ireland, Embassy of France in Ireland Embassy of Ireland France - Ambassade d'Irlande en France, Business France Ireland #trade #bastilleday #france #enterpriseireland

Partners Lev Gantly and Anna Hickey have authored the legal chapter in “An Investor Guide for Companies and Financial Institutions” produced by the Natural Climate Solutions Alliance, the Forest Investor Club, the WBCSD – World Business Council for Sustainable Development and ERM and its Sustainability Institute. This Guide is a comprehensive analysis of the key stages of investment in #NaturalClimateSolutions.   To read more, click here: https://lnkd.in/eHShnBUR #ClimateFinance #EnergyTransition

Invincible Software Holdings (ISH) has completed its acquisition to acquire HR software company, Staff Squared. Staff Squared offers easy-to-use software which effectively manages companies HR needs and employee satisfaction. Corporate partner, Andrew Tzialli was pleased to advise Invincible Software Holdings (ISH) on this acquisition. We wish ISH and Staff Squared the best of luck for the future.

Partner, Brendan O' Connor and senior associate, Michael Cahill discuss a recent Court of Appeal case on the doctrine of frustration and its implications on commercial leases.   To read the full article, click here: https://lnkd.in/eZvhFz_A   #HighCourt #CourtofAppeal #DoctrineofFrustration #CommercialLeases

Philip Lee were delighted to continue to celebrate Pride Month by hearing from Rebecca Tallon - De Havalland today with a talk called “Living in my Shoes”. Rebecca shared her story with us as a way to better understand the lives of trans people growing up in Ireland and the barriers they still face today. Attendees were educated and inspired by her journey. Philip Lee will continue to welcome and embrace all members of the LGBT+ community.

Kita will be co-hosting an event with Natural Climate Solutions Alliance as part of London Climate Action Week, exploring the mechanisms available to carbon market participants to facilitate and de-risk project financing of natural climate solutions. Partner, Anna Hickey will be speaking at this event. #CarbonInsurance #CarbonMarkets