Stripe, led by John and Patrick Collison, has continued to boost the balance sheet of its Irish subsidiaries. Meanwhile, travel software firm Roomex has reported results, while finance house LeBruin Private has recorded a loss.
The specialist Irish insurance company said it asked its lender to appoint a receiver to ensure customers were looked after as it winds down its operations over the next 12 months.
Decawave was bought for $400m two years ago. New financial data reveal how it has performed since and what it is planning next. Meanwhile, accounts for Lonely Planet, Bennett Construction, and the Caulfield McCarthy Group show how different sectors of the economy are dealing with the pandemic.
A New York-listed pharmaceutical multinational is seeking approval from US courts to emerge from a crushing pile of debt and litigation. The next steps will play out in the High Court in Dublin, where the firm is formally registered and owns billions of dollars' worth of intellectual property.
Led by Fyffes scion Chris McCann, XS Direct wrote €117m of premiums in 2020. However, it has struggled in recent years, resulting in a hefty 2020 loss and a recent redundancy programme. It has now ceasing renewals for both direct customers and brokers in Ireland.
The Irish-owned single parent online community Frolo has raised seed capital in London and Pinergy saw revenue and gross profit grow, reducing pre-tax losses – but among other businesses filing this week, Bono's sustainable fashion brand and the former PolarLake had less positive news.
Cerberus has been one of the most active vulture funds in Ireland since the financial crash. But with Covid impacting debt collections, a key Irish subsidiary has been deep in talks with Deutsch Bank over a debt extension.
When the Leisureplex at Dublin’s Charlestown stopped paying rent during the pandemic, the shopping centre’s owners went to court. A High Court judge has now issued the first judgement in over 50 commercial rent disputes.
The N25 motorway toll features a spectacular toll bridge over the River Suir in Waterford. Loss-making and underperforming from the start, it is now being acquired by two of its secured lenders. So, just what happened?
Creditors will be left nursing debts of more than €30m following the collapse of Keating Construction, a marine engineering specialist that was previously forecasting revenues of €150m by 2025. So, what went wrong and what firms are worst hit?
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