Leveris had been trying to raise as much as €100m to fuel expansion in the US and was talking about obtaining a banking licence. Now, however, creditors have been summoned to a series of meetings to wind up the business after it ran out of road.
Ronan Horgan’s Irish alternative lender Capitalflow has advanced €650m to Irish SMEs. It has now being acquired by Bunq, the Dutch challenger bank. Horgan explains the rationale for the deal and what it means for the Irish market.
Foodcloud is an unusual non-profit: it has merged, invested and scaled itself to the point where it's a significant European player. This is its story.
Larry Goodman is a discreet man. He invests quietly, avoids interviews, and most of his businesses are controlled offshore. Now, his holding company has bought a further 2.5% of Providence Resources, which meant he had to disclose his ownership.
Moonshot co-founder Ross Frenett on life in the internet's sewer, why Ireland's extremists are idiosyncratic, Ireland's responsibility as a hub of the global internet, and how to reach those who have been sucked into conspiracy theories.
From a standing start in 2009, Mike Treanor’s Mullan Lighting has grown into a major exporter and the dominant employer in the Monaghan village of Mullan. He talks about scaling a business from rural Ireland, dealing with Brexit and his international expansion plan.
Four publicans won their test case against FBD Insurance over business interruption claims. Now the court has to determine what they can recover under their policies. Early closing hours, table-only service and staff costs are all at issue.
Swiss Re was one of a number of reinsurers to provide insurance bonds to Joe Walsh Tours, the Irish travel agency and tour operator that collapsed earlier this year. Now, the Swiss finance giant is now going to the High Court in search of its money.
Brian McKiernan and five other former executives are on the exclusive list of those who both benefited from the infamous deal that saw Davy fined €4m, and now stand to reap rewards from the resulting sale of the firm.
The Waterford toll road has underperformed since it opened in 2009 as a public-private partnership. Now it has new owners and wants creditors to write down millions in secured debt.
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