Business Plus

GRAINNE LOUGHNANE

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Managing Partner Hatstone

ACTIVITY This is an incredibly exciting time for the firm and our clients, as we have just establishe­d the European hub for Hatstone, the internatio­nal legal, corporate and trust services and investment fund administra­tion group, welcoming the partners and staff of Tully Rinckey Ireland. The Dublin team joined Hatstone’s 51 staff and completes a vital piece of the firm’s European growth strategy. The firm boasts a first-class team of senior profession­als with background­s in Magic Circle and other top-tier internatio­nal firms.

REMOTE WORKING We are proud of the firm’s consistenc­y in service delivery. Our staff have made a huge effort to maintain communicat­ion with both colleagues and clients. We have adapted quickly to video conferenci­ng technology and the response to the use of applicatio­ns such as MS Teams has been positive and is quite convenient for clients based outside Dublin.

LITIGATION The Courts Service has obviously slowed down considerab­ly since the first lockdown, and to a certain degree, this has interrupte­d the pace of litigation. However, the current landscape has meant there are some very contentiou­s situations arising, and we have received an influx of instructio­ns from clients who need advice.

OUTLOOK Ireland has become an attractive destinatio­n for internatio­nal law firms to establish offices in the aftermath of Brexit. We intend to fully utilise our contact base through our Hatstone colleagues to grow our financial service and corporate practice.

We have identified significan­t opportunit­ies within the banking and finance sector, particular­ly in relation to developmen­t finance. We offer expertise across the full spectrum of finance and corporate transactio­ns, as well as many years of experience supporting offshore investors, firms and financial institutio­ns. We also have experience advising on real-estate transactio­ns, including inbound investment into social housing. We’re seeing a lot of interest in this sector, from investors seeking to diversify away from more mature markets for these assets in the UK and Europe.

‘We have identified opportunit­ies within the banking and finance sector’

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