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Examinership
Examinership is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court. To obtain the appointment of an examiner it is necessary to petition the High Court and persuade the court that there is a reasonable prospect of survival of the company and the whole or part of its undertaking if an examiner is appointed. The examiner has a fixed period of 70 days (extensible to 100 days) in which to prepare a scheme of arrangement, which must be approved by at least one class of creditors of the company. If it can be shown that the scheme provides for the survival of the company and the whole or part of its undertaking and that it is not unfairly prejudicial to any creditor(s) of the company the court has discretion to approve the scheme. In most schemes of arrangement an investor will invest in the company and part of the money invested will be used to pay a divi ...
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Smart Telecom
Smart Telecom ( AIM:SMR) was an Irish telecom operator that started as a phone card seller. It was also the third largest provider of cost-sensitive telecom services sector in Ireland, behind the incumbent operators eircom and BT Ireland. It had an estimated 50,000 land-line customers and 18,000 broadband subscribers. Smart operated several services: * Point-to-Point, Transparent LAN Services and Telephony services across a Resilient Packet Ring backbone * Payphones (to 2006) * Broadband Internet Access * FTTH/IPTV services * Point-to-point Licensed Microwave radio links Backbone services were available to users in parts of Dublin, Cork, Dundalk, Limerick, Letterkenny, Galway, Sligo, Waterford, Wexford, Portlaoise, Mullingar, Carlow, Cavan, Drogheda, Killarney, Tralee and Clonmel. Broadband service At the end of Quarter 1, 2006 there were 322,000 broadband subscribers in Ireland, 35% of internet subscription. Broadband accounted for 19% of all internet subscriptions. History ...
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Liam Carroll (businessman)
Liam Carroll (1 September 1950 – 2 March 2021) was an Irish property developer and businessperson known for his involvement in the Irish construction industry via his development company, Zoe Developments Group from the 1990s up to the time of the Irish property crash and the ultimate collapse of the group. Carroll often featured in the media despite his reclusive manner while his relatively frugal and reserved behaviour contrasted markedly with other public figures and property developers of the era. Zoe Developments group Carroll became well known during the Celtic Tiger years of the late 1990s-2007 for residential and commercial property construction projects with a focus on large scale apartment developments in Dublin city centre. His apartments were notable for their high volume, low price point and small floor plan which appealed to younger owner occupiers and the less well-off sections of society. Carroll also tended to build on inner-city brownfield or derelict sites i ...
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CityJet
CityJet is an Irish regional airline with headquarters in Swords, Dublin. It was founded in 1992 and has gone through a series of corporate structures. Air France sold CityJet to ''Intro Aviation'' in May 2014; in March 2016 the airline was bought by founder Pat Byrne and other investors. Since 2017, CityJet had moved away from scheduled flights and has instead focused on wet leasing and charter flights. As of August 2020, the airline operates wet-lease services on behalf of Scandinavian Airlines. History Early years Cityjet was founded in 1992 as Business City Direct and commenced operations in January 1994, serving a single route between Dublin and London City Airport under a franchise agreement with Virgin Atlantic, in which it paid fees and charges to Virgin in order to operate as Virgin Cityjet and use Virgin Atlantic' distribution channels. The airline was mainly competing with British Midland and Aer Lingus services from Dublin to London Heathrow and Ryanair service ...
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Law Of The Republic Of Ireland
The law of Ireland consists of constitutional, statute, and common law. The highest law in the State is the Constitution of Ireland, from which all other law derives its authority. The Republic has a common-law legal system with a written constitution that provides for a parliamentary democracy based on the British parliamentary system, albeit with a popularly elected president, a separation of powers, a developed system of constitutional rights and judicial review of primary legislation. History of Irish law The sources of Irish law reflect Irish history and the various parliaments whose law affected the country down through the ages. The Brehon Laws The Brehon Laws were a relatively sophisticated early Irish legal system, the practice of which was only finally wiped out during the Cromwellian conquest of Ireland. The Brehon laws were a civil legal system only – there was no criminal law. Acts that would today be considered criminal were then dealt with in a similar manne ...
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Fixed Charge
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the ''collateral'') which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. One of the most common examples of a security interest is a mortgage: a person borrows money from the bank to buy a house, and they grant a mortgage over the house so that if they default in repaying the loan, the bank can sell the house and apply the proceeds to the outstanding loan. Although most security interests are created by agreement between the parties, it is also possible for a security interest to arise by operation of law. For example, in many jurisdictions a mechanic who repairs a car benefits from a lien over the car for the cost of repairs. This lien arises by operation of law in the absence of any agreement between the parties. Most security interests are grant ...
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Golden Discs
Established in 1962 on Dublin’s Tara Street, Golden Discs is Ireland’s oldest home-entertainment specialist retail chain, with twenty outlets nationwide, and an online store as of November 2019. Their current offering includes music and film in physical formats, audio playback equipment, and pop-culture merchandise. The chain's presence around the country had diminished in the early part of the 2000s, making a significant loss by 2008 and entering examinership in 2009, with multiple store closures during this period. It returned to profitability in 2013 and has expanded its retail footprint since. Tesco Ireland Partnership In November 2016 it was announced that Golden Discs concessions would move into more than half of Tesco Ireland's stores as part of a 3 year commercial agreement. "Golden Discs at Tesco" concessions operated as standalone units within Tesco stores offering CDs, DVDs and Games. The agreement made Golden Discs Ireland’s largest home-entertainment retail ...
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Capital Bars
Capital Bars plc (formerly known as Break for the Border Group plc) was an Irish leisure company based in Dublin. Its core business was the acquisition, development and operation of bars, hotels and restaurants, all based in Dublin city centre. Brothers Desmond and Liam O'Dwyer control the company as Joint Managing Directors. After acquiring Capital Bars in 2001, the O’Dwyers took the company private the following year. The company was dissolved in 2017 following the sale of all its operational assets. The business originally began in O'Dwyers Bar and Lounge, in Mount Street Dublin 2. This small family run pub was extensively refurbished by elder brother Liam O'Dwyer in the early 1980s and became the first "victorian style" pub of which Dublin is so well known for now. This was also one of the first pubs in Dublin to sell "pub-grub" at lunch times. The chain reached its peak in number of pubs in the early 2000s, with 11 pubs/nightclubs, one Planet Hollywood franchise and 3 h ...
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Buy&Sell
Bauer Media Audio Ireland (formerly Communicorp Group) is a media holding company based in Ireland, owned by Bauer Media Group. History Communicorp Group Ltd was formed by Denis O'Brien in 1989. It launched its radio operations in Ireland that same year and entered the Czech Republic in 1992. Later, it added stations in Bulgaria, Estonia, Finland, and Hungary. Based in Dublin, the company now owns radio stations including Ireland's Newstalk, Today FM, 98FM, SPIN 1038 and SPIN South West. By then, O'Brien owned both of Ireland's independent (non-state-operated) national radio stations. O'Brien's Communicorp was the highest bidder for Emap's Irish operations when that company decided to sell its radio stations, buying FM104, Highland Radio and Today FM on 14 July 2007. In October 2007, the Broadcasting Commission of Ireland (BCI) approved Communicorp's proposed takeover of Today FM and Highland Radio, but not FM104. The deal was completed by January 2008. Due to a Competiti ...
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Drogheda United F
Drogheda ( , ; , meaning "bridge at the ford") is an industrial and port town in County Louth on the east coast of Ireland, north of Dublin. It is located on the Dublin–Belfast corridor on the east coast of Ireland, mostly in County Louth but with the south fringes of the town in County Meath, north of Dublin. Drogheda has a population of approximately 41,000 inhabitants (2016), making it the eleventh largest settlement by population in all of Ireland, and the largest town in the Republic of Ireland by both population and area. It is the last bridging point on the River Boyne before it enters the Irish Sea. The UNESCO World Heritage Site of Newgrange is located west of the town. Drogheda was founded as two separately administered towns in two different territories: Drogheda-in- Meath (i.e. the Lordship and Liberty of Meath, from which a charter was granted in 1194) and Drogheda-in-Oriel (or ' Uriel', as County Louth was then known). The division came from the twe ...
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Cork City Football Club
Cork City Football Club ( ga, Cumann Peile Chathair Chorcaí) is an Irish association football club based in Cork. The club was founded and elected to the League of Ireland in 1984. It was one of the first clubs in Ireland (and the first in Cork) to field a team of professional footballers. With the progression of professionalism at the club, continued development of the Turners Cross stadium and the transition to summer football, the club became one of the biggest and best supported clubs in the country. In a survey published in 2020, the club was the highest supported League of Ireland (LOI) club. Cork City FC won its third LOI Premier Division title, and first FAI Cup double, during the 2017 season. While the club dropped to the LOI First Division after the 2020 LOI Premier Division season, it won promotion back to the top tier by winning the 2022 LOI First Division title. The club's traditional colours are green and white with red trim, and the crest is a variant ...
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Shamrock Rovers F
A shamrock is a young sprig, used as a symbol of Ireland. Saint Patrick, Ireland's patron saint, is said to have used it as a metaphor for the Christian Holy Trinity. The name ''shamrock'' comes from Irish (), which is the diminutive of the Irish word and simply means "young clover". At most times'', Shamrock'' refers to either the species (lesser clover, Irish: ) or (white clover, Irish: ). However, other three-leaved plants—such as , , and —are sometimes called shamrocks. The shamrock was traditionally used for its medicinal properties and was a popular motif in Victorian times. Botanical species There is still not a consensus over the precise botanical species of clover that is the "true" shamrock. John Gerard in his herbal of 1597 defined the shamrock as ''Trifolium pratense'' or ''Trifolium pratense flore albo'', meaning red or white clover. He described the plant in English as "Three leaved grasse" or "Medow Trefoile", "which are called in Irish ''S ...
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Chorus Communications
Chorus, officially Chorus Communication Limited, was a communications provider in Ireland offering internet, television and telephone services. It was owned by Liberty Global Europe and ultimately controlled by John C. Malone's Liberty Media. Based in Limerick (and also with offices in Cork), it owned the cable television licenses for the cities of Cork and Limerick as well as for most towns where cable networks existed. A small number of towns (notably Dungarvan) had locally run cable networks. It also held the MMDS licences for many towns across Ireland. The cable networks in the cities of Dublin, Galway and Waterford and the MMDS services for towns in those counties as well Mayo were operated by NTL Ireland. In 2005 NTL sold its Irish operation to Liberty Global. As a result, cable and MMDS services across the country were temporarily branded "Chorus NTL" before ultimately rebranding to "UPC Ireland" (now Virgin Media Ireland) in 2010, bringing them into line with Li ...
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