A company founded by businessman Gerry McCaughey promised to change the way that America built its houses, but things didn’t go quite to plan. It lost $40 million and was shut down.
The final report of the commission is expected to say it is prepared to pay only €5m in third-party legal costs, a fraction of the sum being sought by the dozens of witnesses who appeared before it.
If two GTLK firms collapse, it will be the largest winding up in the history of the state. And sanctions will be to blame. But the Russian state-owned Irish companies are fighting back with a rescue plan involving a $1.5bn bond bail out by Vladimir Putin.
The Naked Collective, a healthy drinks company founded by Niall Phelan and Cat Butler, was plotting an international expansion. However, it has now summoned creditors to a meeting to wind up the business.
We can now see the full-year effect of the software multinational’s green jersey structure. Multi-billlion-dollar intellectual property located in Dublin has erased its corporation tax bills for years to come.
As the first Irish offshore wind projects secure a route to market, global lenders and institutional investors are showing unprecedented interest in the industry. Yet many boxes have yet to be ticked before capital starts flowing in.
The surge in corporation tax receipts provides Ireland a chance to invest in its creaking infrastructure and provide some insurance for the future. it should not be used as an election pledge, or a bargaining chip among government parties.
It was a brutal crime spree that almost toppled a government. In his new book “The Murderer and the Taoiseach”, the journalist Harry McGee revisits the world of GUBU and Malcolm Macarthur. He talks about the book, the murders, and the man behind them.
Noah Charney is possibly one of the most interesting people I’ve ever met. And his book does a really spectacular deep dive into the world of art forgery and - most importantly - dishes the dirt on the forgers themselves. He tells me all about it.
The Irish communications technology, which was backed by high-profile investors including Richard Burrows, Michael O’Flynn, and George Sisk, appointed an insolvency expert under the Scarp scheme. It is now being acquired by Beach Point Capital.
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