The motor industry has seen a spike in used car sales after pent up demand brought on by the pandemic. The welcome trade helps dealership as new car sales remain sluggish – though not for all brands.
Jay Bourke was once synonymous with Dublin nightlife. After a series of bruising legal battles, the urbane entrepreneur is a diminished player who has just survived a media onslaught – with a little help from golfgate.
Gaming technology provider GAN saw its share price tumble 15% after the company said FanDuel sportsbooks will no longer be clients after August. The stock recovered after CEO Smurfit calmed the market.
Journalist Alex Payne and former rugby stars James Haskell and Mike Tindall presented the popular House of Rugby show. Having set up a rival programme, the new owners of Joe, are now set to initiate legal action over alleged similarities.
The online learning provider bounced back from the brink, having been tipped into insolvency by a leading London debt fund last year. Examinership was supposed to wipe the slate clean. But now it seems the row has just got personal for the Irish owners of the global platform.
So many legal punches have landed on Mallinckrodt that it is facing a knock-out blow at any point. While the disputes engulfing the manufacturer of several controversial drugs unfold in the US, they all link back to the group’s corporate structure and intellectual property vehicles here in Ireland.
Staff and residents have got legal representation to oppose the closure of the facility they have known as their home and workplace for decades. Directors say the business is not viable – and should vacate the valuable south Dublin city property. The next steps will play out in the High Court.
After two failed Chinese bids for the business, now a domestic bidder comes onto the pitch for Goodbody. A successful AIB bid would see the stockbroker return to the fold.
Phoenix Thoroughbreds has been under intense scrutiny since Amer Abdulaziz Salman was accused in a US court of receiving laundered money for the cryptocurrency scam OneCoin, something he denies. Bank of Ireland accounts are central to the probe.
A Maltese-based Irish barrister and tax specialist is behind the boutique equity fund being sued for over €4 million following a takeover of freight business Independent Express Cargo.
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