Ireland

Results for Ireland

Properties From Split-Off Siac Division To Be Sold

Properties formerly owned by building and engineering group Siac are to be sold after one of its banks took control of three companies split from the group earlier this year, the Irish Times reported. Bank of Scotland has appointed receivers Paul McC ...

Daily Headline - global.abi.org - 04/13/2014 - 22:59 - 0 comments

Busts Likely Despite Dip In Insolvency

A significant number of company failures are expected to materialise this year, despite new figures showing a continued steady decline in the level of corporate insolvencies during the first quarter of the year, the Irish Examiner reported. According ...

Daily Headline - global.abi.org - 04/10/2014 - 21:27 - 0 comments

Ireland’s ‘Growthless Jobs’ Recovery Proves Perplexing For Central Bank

achieved, rather confusingly however, alongside a 0.2 per cent drop in gross domestic product (GDP) and a ...

Daily Headline - global.abi.org - 04/06/2014 - 22:29 - 0 comments

Insolvency Service Reports Significant Rise In Bankruptcies

More people were declared bankrupt in the first three months of this year, than in all of 2013, according to new figures from the Insolvency Service of Ireland. Statistics released today show there were 66 bankruptcies in the first quarter of 2014, compa ...

Daily Headline - global.abi.org - 04/03/2014 - 22:57 - 0 comments

Kelleher Firms In Receivership

Nama hired receivers to some companies controlled by Garrett Kelleher, a developer who planned to build North America’s tallest building in Chicago, according to sources, the Irish Examiner reported. Nama named Mazars to take control of assets tied t ...

Daily Headline - global.abi.org - 04/03/2014 - 23:07 - 0 comments

No Disclosure On SME Debt Restructuring

The Central Bank says it will not disclose how much SME debt has been restructured by the pillar banks, the Irish Examiner reported. In reply to a letter by Fianna Fáil finance spokesman Michael McGrath, Cyril Roux, the deputy governor of the Central ...

Daily Headline - global.abi.org - 04/01/2014 - 23:37 - 0 comments

Elverys Management Wins Battle For Sports Retail Chain

A team led by chief executive Patrick Rowland has emerged victorious in the race to take control of beleagured sports chain, Elvery Sports, beating challenges from British retailer Sports Direct, which is controlled by Mike Ashley, and Irish chain Heaton ...

Daily Headline - global.abi.org - 03/31/2014 - 21:26 - 0 comments

One More Thing: IBRC Liquidators Get Dragged Into A Legal Swamp

Among the various US property assets controlled by Irish Bank Resolution Corporation (IBRC), the zombie corpse of Anglo, there appears to be a circus, the Irish Times reported. Okay, that’s not quite true – it’s actually a shopping centre in Tampa, F ...

Daily Headline - global.abi.org - 03/27/2014 - 22:12 - 0 comments

ECB's Draghi: Irish Banks Face Issues

European Central Bank President Mario Draghi said "considerable progress" has been made in mending Ireland's banks but more needs to be done to ensure the stability of the country's financial system, The Wall Street Journal report ...

Daily Headline - global.abi.org - 03/24/2014 - 22:53 - 0 comments

Moody’s Says Outlook For Irish Banks Remains Negative

Global ratings agency Moody’s says the outlook for Irish banks remains negative because of the “extremely high level” of problem loans, the Irish Times reported. In a report published yesterday, Moody’s Investors Service noted poor performing loans a ...

Daily Headline - global.abi.org - 03/23/2014 - 10:14 - 0 comments

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