After 2,213 days, the IBRC Commission has finished its draft report. But what will it find?
Having operated behind closed doors for six years, the Commission probing the sale of Siteserv to Denis O’Brien has now finished its draft report. What is it likely to say? And who are the lawyers involved in this mammoth process?
31st Jul, 2021 - 11 min read
Liquidator of Dolphin Trust linked firm tells 800 investors to expect only a “fraction” of their cash back
The liquidator of MUT 103 Ltd has also told Irish investors he is questioning salary payments, fees and other expenses paid out by the company which raised €41.3 million.
30th Jul, 2021 - 4 min read
Restricted star: Wunderkind restaurateur censured for five years as a director following collapse of boutique eatery
Luna in Dublin was once named the best restaurant in Ireland. Now the creative force behind it has been restricted as a director while a liquidator continues to investigate what happened.
30th Jul, 2021 - 3 min read
“This is the real deal”: How Irish health tech company SilverCloud fetched $250m from a US giant
Amwell, a publicly listed US telehealth company, is buying Irish digital healthcare firm SilverCloud for an estimated $250m. The deal will help the business achieve its mission of helping millions of people.
28th Jul, 2021 - 5 min read
Dolphin Trust fallout: Irish investors wait in the wings as 20 German properties go on the market
1,800 Irish investors are facing potential losses of €100m through Dolphin Trust. As the German administrator places 20 properties on the market, what does it mean for the Irish backers?
28th Jul, 2021 - 2 min read
Eye of the tiger: Irish childcare provider looking to raise €10m to fuel expansion
Karen Clince founded Tigers Childcare in 2003 and it has grown to employ 180 people across 13 centres in Ireland and London. The childcare operator has now appointed Deloitte to find a strategic investor for the fast-growing business.
26th Jul, 2021 - 3 min read
“Good faith” and the Beacon: racing a Ferrari is different to running a hospital
The unthinking way Beacon chief executive Michael Cullen doled out state-owned vaccines to private school teachers raises questions for its board. While the scandal is different from the one that played out at Davy, the discrepancy between actions and consequences is glaring.
23rd Jul, 2021 - 6 min read
“There are so many pinch-me moments on an exponential hockey stick curve journey”
Ciaran Lee, the co-founder of Intercom, one of Ireland’s first technology unicorns, is leaving the company. He tells Tom Lyons why and recalls an incredible journey over the past decade.