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FBD costs hearing in July must finish within two weeks

FBD costs hearing in July must finish within two weeks Judge tells parties correspondence must be in a professional and business-like manner about 3 hours ago Aodhan OFaolain   A July hearing to determine the amount of losses incurred by four publicans, who won test actions over FBD’s failure to pay out on business disruption claims caused by Covid-19, must finish within t...
Justice Mcdonald Leinster Overview Concepts Ltd Hibernian Way Ltd Hyper Trust Ltd High Court Commercial Central Bank

Dublin pub fails to stop action against it over water leak

Dublin pub fails to stop action against it over water leak Action arises out of leak believed to have caused loss of one million litres of water a day about 4 hours ago   The operators of Dublin’s Leopardstown Inn have failed to get the High Court to dismiss an action against them arising out of a major water leak seven years ago outside the premises. The leak, allegedly caused by damage to a main during a drilling operation for a water source, was estimated at the time to have caused the l...
County Dun Laoghaire Rathdown Dun Laoghaire Justice Creedon Brian Reddy Hyper Trust Ltd Co Wexford

Irish High Court rules against insurer FBD in Covid-linked BI claims case

FBD disputed this, arguing that the closures did not occur as a result of an outbreak of disease at the premises or areas where the pubs are located. It said it has never provided cover for pandemics and no-one in Ireland has ever asked for it. Speaking on the result, Noel Anderson, managing director of Lemon and Duke, told The Journal.ie: “It should never have come to this. I specifically had taken out a business interruption policy to protect us against Covid-19 and its potential impact on...
United Kingdom Noel Anderson Justice Denis Mcdonald Vintners Federation Of Ireland Co Westmeath Vintners Association

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O'Brien's Communicorp dialed up a profit in 2019

Denis O’Brien’s radio business Communicorp Group moved into profit last year after a simplification and restructuring of the group over the previous two years boosted its bottom line. Accounts just filed show Communicorp reported total group revenue for the year of €43.8m – up 4pc on a like-for-like basis and more once the acquisition of an outstanding stake in Spin South West is accounted for. A smaller rise in operating costs left the group generating an end of year after-tax profit o...
Republic Of Ireland Desmond Reddy Adrian Serle Denis Obrien Joe Dempsey Simon Myciunka

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