A number of business people and company directors have challenged decisions by the Revenue Commissioners disallowing them up to €6.2m on grounds that transactions they engaged in allegedly amounted to tax avoidance measures.

A High Court judge yesterday expressed concern over the apparent “vast” undervalue of the sale of shares in two companies linked to insolvent developer Treasury Holdings just as it was about to be wound up.

A High Court ruling on a challenge by Sinn Féin's Pearse Doherty to the Referendum Commission will be handed down this morning, just one day before the vote.

A High Court judge is set to rule this morning on whether controversial remarks made by the chairman of the Referendum Commission should be withdrawn.

BUSINESSMAN Philip Lynch and his family are to appeal to the Supreme Court against a finding they must repay €26 million to AIB arising from an unpaid loan made to them and developer Gerry Conlon to buy development lands in Waterford.

A Co Limerick man who “terrorised” a 13-year-old girl during a prolonged sexual assault has had his prison sentence increased by two years by the Court of Criminal Appeal today.

A former senior manager with National Irish Bank has been disqualified by the High Court for a period of four years from involvement in the management of a company on grounds of unfitness.

A RESIDENTS’ challenge by to a €75 million plan for the State’s first hazardous waste incinerator in Co Cork will be profoundly affected by the European Commission’s decision to bring a legal action against Ireland, the High Court was told yesterday.

RECEIVERS have been appointed to a Dublin-listed investment fund hit by the collapse of the subprime mortgage market.

THE Government had no power under the relevant EC regulations to dictate to Greencore how it should spend some €145.5 million in restructuring aid following the rationalisation of the European sugar industry and Greencore’s withdrawal from sugar production here, the High Court was told yesterday.

BUPA yesterday dramatically warned that it will take an “unequivocal decision” to immediately withdraw from the Irish market if risk equalisation goes ahead.

THE Director of Corporate Enforcement is seeking documents from the inspectors who investigated the National Irish Bank tax evasion scandal of the 1990s.

A SETTLEMENT was announced in the High Court yesterday in proceedings against Elan Corporation plc brought by a former chief executive and chairman of the pharmaceutical company, Donal Geaney, who claimed he was being denied share option entitlements worth up to $12 million.

The Garda Commissioner should be called before a Dáil Committee and questioned about claims that a senior police officer stole files on the Dublin and Monaghan bombings, a victims’ group claimed today.