Laura McCoy provides the boots on Irish ground for UK firm Elysian Capital, the new owner of Fastway Couriers. She says her second deal in one year won’t be the last.
New documents lay bare the financial plight of XS Direct, revealing details of how much the main creditors, including Beach Point Capital, are owed. They also disclose efforts to sell the company’s insurance book and intellectual property.
France has come out a winner in creating a start-up nation under President Emmanuel Macron. But does a national strategy make sense any more or should we be looking for European-wide policies?
In compliance with the 2020 deadline to end the double Irish scheme, the social media giant’s Dublin office placed its Cayman-resident companies in liquidation. They have now disappeared – except one.
We wrote about two cases of tax arbitrage in recent days where the taxpayer sought to use intricate accounting techniques to lower their tax bill. Meanwhile, Tom Lyons examined the Siteserv transaction in a major three-part series.
The IBRC Commission concluded its probe into the sale of Siteserv to Denis O’Brien, circulating its second draft report to witnesses. Tom Lyons wrote a three-part series on the transaction, totalling 19,000 words. This is the combined series.
In the final part his series on Siteserv, Tom Lyons examines what was happening with IBRC during the sale process and unpicks the main findings of the IBRC Commission that investigated the deal.
The roots of Saipan were not to be found in the decades-long incompetence of the FAI or in the idea that it was a clash between the old Ireland and the new. The roots of Saipan, if there were any at all, could more conceivably be traced to a police cell in Manchester in 1999.
Lawyers for former Davy staff accused of making a "secret profit" at the expense of the Belfast developer Patrick Kearney claim the developer was under pressure to sell his Anglo bonds due to looming debts, including £300 million owed to Cerberus.
In the second part of his series on Siteserv, Tom Lyons reveals how two senior Siteserv figures sought to secure lucrative share deals from the sale and reports how the IBRC Commission uncovered a “pattern of secret negotiations”.
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