Dublin City Council has issued its fourth legal action against SUBSET, an artistic collective behind striking city centre murals. SUBSET believes the litigation is an attempt by the council to become the arbitrator of what constitutes acceptable art.
A string of companies linked to John Magnier’s Coolmore Stud have issued legal proceedings against Glanbia. Trainer Aidan O’Brien and his son Donnacha are also listed as plaintiffs in the case.
For the past decade, the Revenue Commissioners have pursued the Co Kerry horseracing organisation for corporation tax, arguing that betting and other ancillary activities were not sport. The case has now made its way through the High Court.
Some 2,500 investors in the bank's failed scheme were previously told to expect compensation assessments by now, but AIB has just asked them to wait another five months.
Despite a bitter dispute with his former employer Anglo Irish Bank, Tom Browne sought to move on with his life, co-founding the corporate finance firm LeBruin and investing as far as China and the Caribbean. Now IBRC has re-ignited legal action.
Davy’s response to Patrick Kearney’s court action is informative. It issued its defence only after it was threatened with a judgement. It is arguing that the damning Central Bank report into the bond trade is not admissible, and that the report does not show it had a conflict of interest.
Having lost a landmark case over a major tax scheme, the Irish tax authority has been told to pay all of the costs of the case. Undeterred, it is now challenging the Berlin bond scheme in the Court of Appeal.
The former directors of a luxury car importer and exporter are being pursued for the tax debts of the company, which are said to exceed €2 million.
Irish banks and vulture funds' instincts for debt enforcement litigation are seemingly dormant, except for one fund which may be running out of time.
Four significant media and entertainment investors used a complex Berlin bond tax scheme to essentially wipe massive sums off their tax bills. Now, in a major decision, the High Court has ruled in their favour.
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