From lock-ins to lockdown: Hospitality’s uphill battle for Covid cover
With indoor drinking and dining set to resume, The Currency looks at the hospitality industry's ongoing legal struggle with multiple insurers. In the wake of the landmark FBD ruling, uncertainty continues to reign.
23rd Jul, 2021 - 9 min read
Battle of Victoria Homes: Israeli financier targeted in soured Taiwanese investment
A Taiwanese investor, in Dublin on the golden visa scheme, paid a €1.2 million deposit on an upmarket housing development by Victoria Homes. When the development stalled, he sued. Now the developer's backers are trying to take an axe to the case.
22nd Jul, 2021 - 5 min read
Under EU pressure, Irish competition law enforcement is about to get real
The competition watchdog will soon have new rules for whistleblowers and the power to impose hefty fines on businesses. McCann Fitzgerald partners Philip Andrews and Laura Treacy explore a seismic shift in Ireland's antitrust laws.
19th Jul, 2021 - 13 min read
Border lands: Sean Quinn faces trespass claim by his former company
In new court proceedings, Sean Quinn is alleged to have trespassed on quarry lands controlled by his former business, Mannok, previously known as Quinn Industrial Holdings (QIH). A similar action was brought against the former border tycoon in Belfast earlier this year.
16th Jul, 2021 - 2 min read
Binary action: the alleged global electronic trading scam and the $37m Irish High Court action
Three brothers alleged to be behind collapsed Irish payment processor Greymountain are being sued for around €37 million. The company is said to be at the heart of an online trading scam.
16th Jul, 2021 - 3 min read
Wealth and reputation: Inside the “misconduct” battle at Irish wealth management firm
The High Court has agreed to block disciplinary proceedings against the managing director of Dublin investment advisory firm GillenMarkets. Rory Mason says he was set up to fail and wrongly dismissed for gross misconduct.
14th Jul, 2021 - 6 min read
High stakes in the High Court: Up to €250 million at stake in Perrigo insurance row
Perrigo is locked in a row with its insurers over policy cover for disgruntled investors suing in the wake of Mylan’s failed $26 billion hostile takeover bid in November 2015. Now the battle is being played out in Dublin.
12th Jul, 2021 - 2 min read
A very public “fall from grace”: Tech philanthropist gets record 16 year ban
Judge says Peter Conlon’s “shabby and repugnant” fraud may have a “chilling effect” on charitable donations. The tech boss was disqualified over €3.6m in missing funds from his online charity platform Ammado.