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Full coverage: Covid19

Vernon Catering exits examinership with Cox family rescue

A High Court judge has approved a plan combining creditor haircuts and investment by Thurles Wholesale Cash and Carry, the company owned by the Kildare-based Cox family of grocery wholesalers.

Tom Lyons
4th Jun, 2020 - 2 min read

A matter of consequential loss: New court papers lay out publicans’ hand in battle with FBD

Publican Chris Kelly is claiming losses of €3m on one pub alone. The owners of the Lep Inn say that FBD told them they were covered, only to later renege. Both argue that the Irish insurer has changed its defence multiple times.

Ian Kehoe
3rd Jun, 2020 - 6 min read

“I would do it again” – Portwest boss on investing in an Italian company at the height of Covid-19

Harry Hughes has just steered the century-old Westport-based family business through the global dogfight for access to PPE while acquiring a stake in a footwear manufacturer in the eye of the pandemic storm. Yet he says companies should focus on something else: Brexit.

Thomas Hubert
28th May, 2020 - 5 min read

Forget the corporate patter, the four pub cases currently in the High Court could potentially cost FBD €30m alone

The insurer has sought to reassure investors as its battle with a small army of publicans intensifies. It is also seeking to draw focus to government, saying the only way insurers could fund pandemic cover would involve a state pooling arrangement.

Ian Kehoe
26th May, 2020 - 4 min read

Lyons on agriculture, climate and the fiscal response to Covid-19: “Listen to the experts”

The head of global agribusiness Alltech finds himself hosting the first virtual edition of his company’s popular annual industry conference. He discusses how food production can navigate “the next normal”, and why his $3 billion firm remains private even as it enters new areas of digital technology and medicine.

Thomas Hubert
22nd May, 2020 - 12 min read

Running on empty: Hauliers with half loads eye ferry subsidies, but will they get them?

The Government is supporting ferry companies to keep sailing despite the absence of passengers. Hauliers forced to run empty lorries on some return journeys are now asking for the same treatment while the pandemic disrupts supply chains.

Thomas Hubert
21st May, 2020 - 4 min read

No bread today: Restaurant crisis ends Le Pain Quotidien’s brief Irish adventure

The bakery chain is exiting Ireland amid international turbulence in its Belgian-owned parent group, but its failure is also a sign of difficulties mounting in Ireland's wider restaurant industry.

Cait Caden
21st May, 2020 - 3 min read

More legal drama for FBD as country’s oldest pub launches case over disputed Covid-19 insurance cover

Sean’s Bar in Athlone dates back to 900 AD, when a man named Luain established an inn on the site. A regular watering hole for visiting celebrities, it has launched High Court proceedings against FBD over Covid-19 compensation.

Ian Kehoe
14th May, 2020 - 4 min read

Losses, liabilities and a £200 million group debt default threat: how Debenhams’ Irish stores hit the wall

Court documents reveal that the retailer failed to stem losses in the year prior to the Covid-19 pandemic and is now exposed to loan charges contracted by its troubled UK parent.

Thomas Hubert
13th May, 2020 - 3 min read

Last coffee on Grafton St: The long history behind Bewley’s expensive home

The iconic Dublin cafe faces closure once more, hit by Covid-19 restrictions and a rent dispute – just one of the many costs associated with its historic building on Ireland's most expensive street.

Tom Lyons
8th May, 2020 - 11 min read
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