The emergence of both Ireland and the United Kingdom as the legal systems of choice for the resolution of complex cross-border commercial disputes is due in part to the certainty and reliability of the common law. The uncertainty as a result of the ongoing Brexit negotiations is already impacting upon the Irish legal system, with increased demand for legal services partially owing to Ireland's soon-to-be position as one of the only two remaining common law jurisdictions in the EU (together with Malta). This will require the continued development and enhancement of the asset recovery landscape in Ireland. In that context, it is worth considering certain elements of the current architecture for civil and criminal asset recovery in Ireland together with the complementarities and conflicts that exist between Ireland and the UK.
Reproduced with permission from Who's Who Legal.
This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.