Full coverage: KPMG

The liquidators of an Irish vehicle linked to the collapsed Dolphin Trust are suing its former directors for reckless trading. Court filings give an insight into how Mut 116 was run and into how its executives intend to meet the civil charges against them.

The former directors of Dolphin Mut 116, an Irish vehicle used to funnel millions of Irish pension money into German Property Group, formerly Dolphin Trust, are facing legal proceedings over their handling of the company. The demise of GPG’s global network of companies in 2020 left international investors exposed to the tune of around $1 billion.

Legal services in Ireland are undergoing a seismic shift post-Brexit with an influx of new operators. Now accountancy giants KPMG and EY are taking on the lawyers at their own game. Can they claim their slice of pie?

As soon as the crisis emerged ICON established a business continuity team. Soon after, the executive leadership agreed pay reductions, remote tech was utilised, and field-based staff adapted to the local restrictions. Now, it is expecting a surge in demand for its services.

Seamus Hand, the managing partner of KPMG, believes that policymakers and business leaders have shown resilience in the crisis. But, with a bird’s eye view of the Irish economy, he also believes a range of tax and non-tax supports could be implemented to assist the recovery.

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.

The total funding required for new commercial aircraft over the next five years will top $800 billion. Ireland is a powerhouse in the sector, but it cannot take its position for granted, warns Joe O'Mara, head of aviation finance and leasing with KPMG.

TTM Healthcare founder and Broadlake chief operations officer Brian Crowley has been placing people in sensitive positions for 17 years. He shared his experience of scaling a business rapidly with other entrepreneurs at a KPMG Private Enterprise event.