A High Court judge has approved a complex settlement of an action brought by Nama and others against Treasury Holdings’ co-founders Richard Barrett and John Ronan over a controversial €20m transaction involving the alleged transfer of shares out of the group at a significant undervalue.
Thu, 01 Aug, 2013
Treasury Holdings’ co-founder Richard Barrett will get €5m cash “with no strings attached” under a proposed settlement of a legal action brought against him and co-founder John Ronan over a controversial €20m transaction, a High Court judge has noted.
Sat, 27 Jul, 2013
Treasury Holdings and its owners Richard Barrett and John Ronan are being sued by Nama in a bid to reverse a controversial transaction where €20m shares were allegedly transferred out of the group to the benefit of Mr Barrett and Mr Ronan for €100,000 and unsecured loan notes.
Tue, 12 Jun, 2012
Nama will next week ask the Commercial Court to order insolvent developer Treasury Holdings to provide security for the costs of its forthcoming challenge to the agency’s decision to call in more than €1bn loans and appoint receivers over its properties here.
Fri, 20 Apr, 2012
CREDITORS of the Irish- owned Battersea PowerStation asked a court to put the landmark property’s owner into administration the day after Britain’schancellor of the exchequer George Osborne backed a London Undergroundextension to boost the area’s development.
Fri, 02 Dec, 2011
TREASURY Holdings (THL) has brought a legal action to compel businessman Harry Crosbie pay an alleged €3 million share related to a €19.2m debt to another company under agreements for the financing of the Spencer Dock Development Company (SDDC).
Tue, 17 Feb, 2009
It was ten years ago this year, the unforgettable drama of Big Fella Thanks and his hugely popular Derby win for the O’Driscoll clan of Skibbereen; in the big stand that day, on one of my regular tours around Powerstown, I bumped into Kevin O’Shea.
Thu, 29 Jan, 2009