A High Court challenge has been launched against plans by Permanent TSB to raise €400m through a share placing to institutional investors ahead of listings on the London and Dublin stock exchanges.

The board of Eircom has appointed Richard Moat as the company's new CEO.

Eircom has said its chief executive Herb Hribar has decided not to renew his contract and is stepping down from his position.

Eircom has announced that its Chief Executive Officer, Herb Hribar, is to step down.

Irish engineering company Mincon yesterday blamed a weakening of the global exploration and mining market and the devaluation of key currencies for a poor first half of the year during which revenues and profit fell significantly.

Judge Iseult O’Malley, who has been dealing with a Permanent TSB shareholders’ challenge to the constitutionality of laws which permitted the bank’s €4bn recapitalisation by the State, is to seek a preliminary ruling on the law from the European Court of Justice.

A farmer described by a judge as "totally lacking in humanity" has failed in his challenge to a Garda superintendent to have two confiscated rifles returned to him.

Shannon-based engineering services firm Mincon is due to float in both Dublin and London, later this month, in a €50m fundraising move aimed at aggressively growing the firm through acquisition inside the next two years.

An application aimed at preventing the completion of the sale of Irish Life to Canadian firm Great-West, the parent company of Canada Life, for €1.3bn has been dismissed by the Supreme Court.

Shareholders of Permanent TSB who wish to challenge the constitutionality of laws under which the State has recapitalised the institution with €4bn cannot do so by amending their existing court proceedings, the High Court has ruled.

A director of Permanent TSB has described as “an egregious breach of court process” a court bid by the bank and a group of directors to prevent any action aimed at disqualifying any of the directors from involvement in the management of a company.

Padraig McManus has been appointed non-executive chairman of eircom, effective 1 January 1, 2013, it was announced today.

Kildare chairman John McMahon admits Croke Park’s decision to stage their home qualifier on Saturday to Portlaoise will focus minds on the urgent need to redevelop St Conleth’s Park.

The High Court has cleared the way for the completion of the €1.3bn sale of Irish Life and Permanent’s life assurance business, the Irish Life Group, to the finance minister.

The High Court has cleared the way for the €1.3bn sale of Irish Life and Permanent's life assurance business, the Irish Life Group, to the Minister for Finance.

The proposed €1.3bn sale of Irish Life and Permanent’s life assurance business, the Irish Life Group, to the Minister for Finance undervalues the company’s “crown jewels”, it was claimed before the High Court yesterday.

For his last 11 months as chief executive of the ESB, Padraig McManus received over €650,000, despite giving up over €140,000 in salary entitlements.

Shareholders of Irish Life & Permanent have brought a legal challenge aimed at setting aside the High Court’s approval for Finance Minister Michael Noonan to purchase the group’s life assurance business, the Irish Life Group, for €1.3bn.

Shareholders of Irish Life and Permanent have brought a legal challenge aimed at blocking the Minister for Finance from purchasing the group's life assurance business, the Irish Life Group, for €1.3bn.

A High Court judge hopes to be in a position to give judgment on the minister for finance’s bid to halt a number of legal challenges to the Government’s recapitalisation of Irish Life and Permanent early next month.

A High Court judge hopes to be in a position to give judgment on the Minister for Finance's bid to halt a number of legal challenges to the Government's recapitalisation of Irish Life and Permanent early next month.

A number of legal challenges brought against the Government’s recapitalisation of Irish Life & Permanent should be struck out because those taking the actions lack the legal standing to do so, lawyers for the Minister for Finance argued yesterday.

The High Court has ruled that an Irish Life & Permanent shareholder’s challenge against the Government’s recapitalisation of the bank was brought within the allowed time period.

The High Court has ruled that an Irish Life & Permanent shareholder's challenge against the Government's recapitalisation of the bank was brought within the allowed time period.

A man who bought €200,000 of shares in Irish Life & Permanent is to appeal a High Court ruling that he is not legally entitled to represent the company in proceedings challenging the Government’s recapitalisation of IL&P.

A man whose company bought some €200,000 of shares in Irish Life & Permanent in 2010 is to appeal a High Court Judge's ruling that he is not legally entitled to represent the company in proceedings challenging the Government's recapitalisation of the bank.

A High Court judge has begun a hearing to decide key preliminary issues in actions by a number of shareholders in Irish Life and Permanent and others to the Government’s recapitalisation of the bank.

KILDARE GAA have revealed the two mystery men they hope will get the Lilywhites out of the red.

THE white smoke has emerged from the ESB chimney.

Pat O’Doherty has been appointed as new chief executive of ESB in succession to Padraig McManus who is retiring.

THE governor of Mountjoy women’s prison has launched an investigation into “unauthorised” phone contact by Teresa Treacy, the 65-year-old jailed for refusing the ESB access to her land.

A SHAREHOLDER who is challenging the Government’s recapitalisation of Irish Life and Permanent has told the High Court the legal challenge is one of the most important cases in the history of the state.

A shareholder in Irish Life and Permanent who is challenging the Government's recapitalisation of the bank has told the High Court the legal challenge is one of the most important cases in the history of the State.

NTR boss Michael McNicholas, regarded in the industry as a ‘safe pair of hands’, is busy picking up the pieces after his predecessor’s costly gamble on solar power backfired badly, helping to notch up record losses of €381m at the group, writes Kyran Fitzgerald

The ESB has placed an advertisement in the Financial Times this morning looking for a new chief executive.

DUBLIN Airport Authority boss Declan Collier has refused to confirm whether he intends holding on to or relinquishing the €100,000 bonus he was awarded last year — at a time when payment of bonuses had been halted by the Government.

AS the scramble to contain government spending continues the announcement this week that the pay of senior managers in the semi-state commercial sector is to be cut by about €100,000 for incumbents will no doubt be broadly welcomed.

SEMI-STATE bosses have remained silent on whether they would volunteer cuts to their massive pay packets after they were urged to “examine their conscience” on the issue.

A NEW voluntary redundany scheme for ESB workers is set to be discussed by management and unions over the coming weeks in an attempt to reduce running costs.

ESB Chief Executive Padraig McManus has said he believes the Government will struggle to get someone to replace him for the intended salary cap of €250,000, when the bosses of failed banks are paid €500,000.

The chief executive of ESB has today defended his pay package, which is almost double that of Taoiseach Enda Kenny's earnings.

The Chief Executive of the ESB has criticised what he called the negative tone adopted in Colm McCarthy's report towards the semi-state company.

MASSIVE pay increases awarded to bosses of semi-state companies were signed off on by the Fianna Fáil-led government as pay cuts were imposed on ordinary workers across the public and private sector.