A Court of Appeal decision is a major setback for hundreds of investors suing AIB and others over losses sustained after they invested in certain Belfry funds promoted by the bank.
U2's The Edge's epic 12-year battle to build a development of six homes in the hills above Malibu may finally have ended in failure, unless he and his partners want to start the process all over again before a different government agency.
A damages action involving almost 300 investors in property funds promoted by AIB has been admitted to the fast track Commercial Court list.
A group of property fund investors are meeting today to put together a legal challenge to try and recoup some of the estimated €300m that was invested in five Belfry funds during the boom years.
GIRAFFE childcare, one of the country’s largest creche operators, reported pre-tax losses last year of €206,764.
Reflex, the former technology company that was chaired by Irishman Tony Kilduff until last month, said yesterday it had completed the process of changing its name to Healthy Living Centres plc.
REFLEX GROUP, the London-quoted former technology company chaired by Irishman Tony Kilduff, is set to change its name in line with its move into healthcare and leisure.
Reflex Group, which is headed by Irishman Tony Kilduff and operates the Motorcise chain of healthy living centres in Britain, said its pre-tax losses widened to £840,000 for the year to December 2003.
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