Ireland

Results for Ireland

The Insolvency Regime Needs To Be ‘Energised’ Because Not Enough People Are Using It

In the face of growing criticism of the current personal insolvency laws, the government has acknowledged that the current regime needs to be “energised”, TheJournal.ie reported. The coalition will oppose Fianna Fáil’s Family Home Mortgage Settlement Arr ...

Daily Headline - global.abi.org - 03/03/2015 - 21:36 - 0 comments

Creditor Gets Interim Charge Order On John Sheehan Interest In Galway Clinic

A company that obtained a €2.8 million judgment against Joseph Sheehan and John Flynn, two of the main shareholders in Dublin’s Blackrock Clinic, has secured interim charging orders over Mr Sheehan’s shares in a firm that owns a half share of the private ...

Daily Headline - global.abi.org - 03/01/2015 - 20:35 - 0 comments

Brothers Lose Action To Stop Receivers Selling Assets

Two brothers have lost their bid to restrain receivers selling their assets after Allied Irish Banks obtained a €17.6 million judgment against them, the Irish Times reported. Mr Justice Brian McGovern rejected arguments by Paul and Gerard Dormer the ...

Daily Headline - global.abi.org - 02/26/2015 - 20:57 - 0 comments

Family Of Seán Quinn Appeal Against Second Deferral Of Action

Businessman Sean Quinn’s family have appealed to a High Court judge not to grant the DPP a second deferral of the hearing of their action. They allege they are not liable for about €2.34 billion loans advanced by the former Anglo Irish Bank to Quinn comp ...

Daily Headline - global.abi.org - 02/26/2015 - 20:58 - 0 comments

Boom Time House Buyers Still Mired In Negative Equity

Rising property prices have not yet lifted a significant proportion of Irish homeowners out of negative equity, according to a new report from the Central Bank, the Irish Times reported. In its latest Household Credit Market Report, the Central Bank ...

Daily Headline - global.abi.org - 02/25/2015 - 21:01 - 0 comments

Swiss Refused Request For Help To Pursue HSBC Prosecutions

Switzerland refused a request for assistance to help bring prosecutions here on the basis of the leaked HSBC Geneva banking files, according to the Irish Revenue Commissioners. Revenue chairman Niall Cody has also told the Dáil Committee of Public Accoun ...

Daily Headline - global.abi.org - 02/25/2015 - 21:03 - 0 comments

Banking Inquiry: 'Anglo Irish Bank Insolvency Would Not Be Detected Today '

Professor of Accounting at UCD, Eamonn Walsh told Deputy Pearse Doherty that using today’s standards Anglo would still appear as if it were on course for a profit of almost half a million euro, the Independent reported. “There has been no change in s ...

Daily Headline - global.abi.org - 02/25/2015 - 21:05 - 0 comments

Altobridge Receivership Raises Questions

Shareholders in technology developer Altobridge say that questions remain to be answered over the decision to place it in receivership last year, the Irish Times reported. Intel Capital and the World Bank appointed a receiver to Altobridge last year ...

Daily Headline - global.abi.org - 02/22/2015 - 23:32 - 0 comments

Ulster Bank Unaware Of Alleged £25-30 Million Gap In Taggart Finances, Court Hears

Ulster Bank was not aware of an alleged £25-30 million black hole in one-time property giant Taggart Group’s finances, the High Court heard Thursday, the Irish Times reported. A senior banker who was part of the firm’s relationship management team cl ...

Daily Headline - global.abi.org - 02/19/2015 - 21:41 - 0 comments

Noonan Dismisses Ashoka Mody Comments On Debt Writedown

Minister for Finance Michael Noonan has dismissed comments made by the former IMF chief of mission to Ireland, that the Irish government blew an opportunity to get a debt writedown deal. Ashoka Mody, the former IMF mission chief, said Ireland should have ...

Daily Headline - global.abi.org - 02/16/2015 - 17:56 - 0 comments

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