Seen and heard: Apple chief says marriage equality will bring business

Cerberus issues summary proceedings against Mick Wallace over restaurant loans

Apple chief executive Tim Cook speaking at the Philosophical Society in  Trinity College Dublin last week. Photograph: Eric Luke

Apple chief executive Tim Cook speaking at the Philosophical Society in Trinity College Dublin last week. Photograph: Eric Luke

 

Marriage equality is set to attract more investment into Ireland, Apple chief executive Tim Cook has told the Sunday Independent.

“It will lead to many more businesses coming in,” he said in an interview during his visit to Ireland last week when the company announced an extra 1,000 jobs at its Cork facility.

US investment fund Cerberus has issued summary proceedings against Mick Wallace after it acquired the loans to the TD’s Dublin restaurant La Taverna Di Bacco, reports the Sunday Times.

The case is the first instance of Cerberus issuing summary proceedings against any debtor in this jurisdiction.

Cement-maker CRH, Ireland’s largest company, is suing the Competition and Consumer Protection Commission, reports the Sunday Times and the Sunday Independent.

The proceedings relate to a “dawn raid” carried out on CRH subsidiary Irish Cement earlier this year. Affidavits were filed last Tuesday, according to the Courts Service website. The raid, conducted in May, related to an alleged abuse of a dominant position by Irish Cement.

Paul McGuinness, the former manager of U2, has hired legal firm Wiliam Fry to represent him in a dispute with celebrity accountant Ossie Kilkenny over a €70 million film and television venture, reports the Sunday Business Post.

Kilkenny is a director of Troy Studios, which is building a major studio in Limerick. Mr McGuinness is said to be concerned that the Limerick venture will adversely affect the business of Ardmore Studios, of which both Mr McGuinness and Mr Kilkenny are directors and key investors.

Anheuser-Busch InBev could be forced to sell almost $7 billion of beer brands in order for its mega-merger with rival brewer SABMiller to be cleared by competition regulators, according to the Sunday Telegraph.