Out of office: Your essential round-up of the latest business news
Patrick Kearney, the Belfast property developer on the other end of the 2014 bond deal with Davy executives which resulted in a €4.13 million fine for the stockbroker, launched a lawsuit against Davy and the group of 16 former employees allegedly involved in the breach. Reports stated that Kearney and his Kilmona Holdings company had sued both Davy, the firm, and the “O’Connell Partnership” – the 16 former employees involved in the trade of bonds...
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EML Payments halts trade of shares after Central Bank of Ireland raises regulatory concerns
The Fintech halted the trade of its shares on the Australian stock exchange following ‘significant regulatory concerns’ being raised by the Central Bank of Ireland about Prepaid Financial Payments, EML Payment’s Irish subsidiary company
IDA issues €2m tender seeking property portfolio managers
Firms have been invited to bid for three separate contracts involving a total of 54 business parks
Ian Guider: Rent cost rows could scupper small business rescue scheme
As the grand reopening continues tomorrow, a new bill to help small firms in distress is welcome but some form of arbitration on leases is needed along with it