New law to give Central Bank more powersTHE LEGISLATION to put in place a special resolution regime for banks and give the governor of the Central Bank the power to …Mon Feb 28 2011 - 00:00
Quinn jnr's luxury hotel lost €164m in 2008SEAN QUINN junior’s Belfry Hotel and Golf Course in England lost €163Sat Feb 26 2011 - 00:00
Judge 'surprised' at suggestion over tribunal findingsTHE CHAIRMAN of the Moriarty tribunal has expressed surprise at the suggestion that his legal team might be helping him arrive…Sat Feb 26 2011 - 00:00
Drumm paid more than €6m income tax while on Anglo boardTHE FORMER chief executive of Anglo Irish Bank David Drumm paid in excess of €6 million in income tax during his period on the…Sat Feb 26 2011 - 00:00
Solution to insolvent hotels is to 'bulldoze'BANKS NEED to recognise that they funded many hotels that are no longer solvent and that the best decision now is to “bulldoze…Fri Feb 25 2011 - 00:00
'We won't hit the bottom until things start selling and we won't start selling until the banks are fixed'NEXT MONTH will see the first anniversary of the appointment of administrators to the family-owned Quinn Insurance Group.Fri Feb 25 2011 - 00:00
Drumm paid €6.3 million in taxThe former chief executive of Anglo Irish Bank David Drumm paid in excess of €6Fri Feb 25 2011 - 00:00
US hearing over Dunne property deferredA COUNCIL in Greenwich, Connecticut, has deferred a hearing concerning a US property believed to be owned by Gayle Dunne, wife…Fri Feb 25 2011 - 00:00
Anglo to object to Drumm write-offANGLO IRISH Bank has said for the first time that it is likely to object formally to David Drumm’s debt to the bank being written…Fri Feb 25 2011 - 00:00
Creditors' meeting: future of Unicorn on the menuA CREDITORS’ meeting has been called for the company behind the Unicorn Restaurant in Dublin.Tue Feb 22 2011 - 00:00
AIB files case against former executiveAIB HAS initiated a High Court action against its former head of commercial services, Tommy Hopkins, and his wife, Mairéad.Tue Feb 22 2011 - 00:00
B of I says 2010 profits could be 30% lowerBANK OF Ireland expects its operating profit for 2010 to be 25-30 per cent lower than the €1Sat Feb 19 2011 - 00:00
Power City makes €5.6m pretax profit but pays no dividendELECTRICAL RETAILER Power City made a pretax profit of €5Sat Feb 19 2011 - 00:00
Value of airport hotel falls by €31mTHE CLARION Hotel in Dublin Airport, which was valued at €43 million in January 2008, is now worth just €12 million, according…Thu Feb 17 2011 - 00:00
Developer transferred share in Anglo-funded firm to wifeA GALWAY-based businessman transferred his half-share in a British property development company to his wife on the same day that…Mon Feb 14 2011 - 00:00
Drumm loses bid to prevent Anglo recording depositionBOSTON HEARING: ANGLO IRISH Bank finally got to question its former chief executive David Drumm in Boston yesterday.Wed Feb 09 2011 - 00:00
Loss of €17.6bn a corporate recordANGLO BANK RESULTS: ANGLO IRISH Bank expects to report a loss of €17Wed Feb 09 2011 - 00:00
Anglo to post loss of €17.6 billionAnglo Irish Bank said today it expects to report a loss of €17Tue Feb 08 2011 - 00:00
Omega in loan to medical facility in NaasOMEGA AVIATION Services Ltd, which is controlled by the McEvaddy brothers Ulick and Des, advanced an interest-free loan of €4…Mon Feb 07 2011 - 00:00
Ross linked to fund in Cayman IslandsINDEPENDENT CANDIDATE: SENATOR SHANE Ross, who is standing in the Dublin South constituency, is the non-executive chairman of…Mon Feb 07 2011 - 00:00
McEvaddys' firm had sales of €2.5m to sister companyOMEGA AVIATION, the Dublin company owned by the McEvaddy brothers, had sales of €2Sat Feb 05 2011 - 00:00
Dockland tenants look for leewayTHE DUBLIN Docklands Development Authority has initiated six sets of High Court proceedings against tenants since November 2008…Fri Feb 04 2011 - 00:00
Anglo may sue Drumm over actions while chief executiveANGLO IRISH Bank may sue its former chief executive David Drumm for actions he took during his time as chief executive.Tue Feb 01 2011 - 00:00
Lowry fails to secure summary ruling in Smyth defamation caseTHE INDEPENDENT deputy for North Tipperary Michael Lowry has failed to get a summary ruling in the Circuit Court in a defamation…Tue Feb 01 2011 - 00:00
Lowry fails in ruling on Smyth claimIndependent TD for Tipperary North Michael Lowry has failed to get a summary ruling in a defamation case where he claimed journalist…Mon Jan 31 2011 - 00:00
Developer and sons in 2008 share transferA FATHER and three sons who run one of the largest property businesses in the State transferred their shareholdings to their …Sat Jan 29 2011 - 00:00
Drumm's wife may be questioned in Boston court on bankruptcy claimLORRAINE DRUMM, wife of the former Anglo Irish Bank chief executive David Drumm, may be questioned as part of her husband’s US…Fri Jan 28 2011 - 00:00
Nama in breach of its own rules on sale of assets - SenatorA SENATOR and professional valuer has claimed the National Asset Management Agency (Nama) has broken its code of conduct for …Fri Jan 28 2011 - 00:00
Committee told Ireland should seek to renegotiate interest rates for loansAN OIREACHTAS committee has been told Ireland should seek to renegotiate the interest rate it is paying on its emergency funding…Wed Jan 26 2011 - 00:00
Business taxation measures may deliver €60mCORPORATE: A NUMBER of business taxation measures included in the draft Finance Bill may deliver a further €60 million in revenue…Sat Jan 22 2011 - 00:00
Monsanto's Irish arm made €18m profit but paid no taxA DUBLIN-BASED subsidiary of the US Monsanto Group made a profit of €18 million in the year to the end of August 2009, according…Fri Jan 21 2011 - 00:00
Gresham and Metropole hotel bank loans are transferred to NamaBANKS LOANS belonging to the company that owns the Gresham Hotel in Dublin and the Metropole Hotel in Cork have been transferred…Fri Jan 21 2011 - 00:00
Value of Montrose Hotel written down by 80%THE OWNERS of the Montrose Hotel in Dublin have written down its value by almost 80 per cent, or €33 million, to €9 million…Thu Jan 20 2011 - 00:00
Challenge to Taxing Master in Curtin caseTHE HOUSES of the Oireachtas Committee is challenging the right of the Taxing Master, James Flynn, to act in a case where costs…Mon Jan 17 2011 - 00:00
Ballymore holding posts losses of £223.8mBALLYMORE Properties Ltd, a UK holding company within Seán Mulryan’s Ballymore Group, lost £223.8 million (€265Fri Jan 14 2011 - 00:00
Bank claims 'could have cost Nama €20bn'INCORRECT INFORMATION provided by the banks to the National Asset Management Agency (Nama) in 2009 could – if acted upon – have…Fri Jan 14 2011 - 00:00
Fyffes forecast earnings will beat previous targetsFYFFES HAS said it expects its earnings in 2010 to be ahead of previous targets.Wed Jan 12 2011 - 00:00
Clinton opens Port-au-Prince's Iron Market restored by Denis O'BrienIRISH BILLIONAIRE Denis O’Brien funded the reconstruction of the iconic Iron Market in Haiti’s capital Port-au-Prince, which …Wed Jan 12 2011 - 00:00
'I don't feel ashamed but I do feel regret, very serious regret'THE FORMER chief executive and chairman of Anglo Irish Bank has sought to give his version of that institution’s disastrous history…Mon Jan 10 2011 - 00:00
Mansfield family not liable for company's debts, creditors toldTHE MANSFIELD family, owners of the Citywest hotel complex in Saggart, Co Dublin, do not have to stand behind the debts of their…Sat Jan 08 2011 - 00:00
Food suppliers among the creditorsDEBTS: THE MANSFIELD family company that owns Citywest Hotel and other assets in Saggart, Co Dublin and which was placed in …Sat Jan 08 2011 - 00:00
Anger and disbelief at creditors' meetingTHERE WAS anger and suspicion voiced at a two-hour creditors’ meeting in the Citywest Hotel in Saggart, Co Dublin, yesterday, …Sat Jan 08 2011 - 00:00
INBS in site venture with Bahamas billionaireIRISH NATIONWIDE Building Society (INBS) is part of a profit-sharing property venture in England that involves the Bahamas-based…Fri Jan 07 2011 - 00:00
Hotel group in talks with banks over €43.5m debtTHE BYRNE Hotel Group, which owns three hotels in Galway, is in talks with its banks over debts of more than €43.5 million.Fri Jan 07 2011 - 00:00
Seán Dunne's wife initiates proceedings against US lawyerGAYLE KILLILEA Dunne, the wife of property developer Seán Dunne, has initiated legal proceedings against her New York immigration…Wed Jan 05 2011 - 00:00
Irish Google firms move cash abroad to cut tax billAN IRISH subsidiary of Google forwards multimillion investments to data centres in such locations as Vienna, Kuala Lumpur, Cairo…Thu Dec 23 2010 - 00:00
'Cases to answer' over AngloThe former chairman of Anglo Irish Bank Seán FitzPatrick and its former chief executive David Drumm have “prima facie” cases …Mon Dec 20 2010 - 00:00
Journalist says he called TD a tax cheat not a thiefTHE CIRCUIT Court has reserved judgment in a case in which journalist Sam Smyth has said he did not call Michael Lowry TD a thief…Sat Dec 18 2010 - 00:00
Judgment reserved in Lowry caseJudgment in a case where Michael Lowry is claiming journalist Sam Smyth called him "a thief" has been reserved in the Circuit…Fri Dec 17 2010 - 00:00
Broadcaster had large borrowings from own firmFINANCES: THE LATE Gerry Ryan had borrowings of €316,470 from the company he used to bill RTÉ.Sat Dec 11 2010 - 00:00
