1321 results

Norwegian and five Irish subsidiaries are under High Court protection from creditors since mid November, when it had debts of more than €4 billion, while Mr Wallace puts together a rescue plan for the airline group. Photograph: iStock

Norwegian Air Shuttle’s (NAS) High Court-appointed examiner has another month to finalise a rescue plan for the troubled airline group. NAS and five (...)

Norwegian Air is in examinership. Photograph: iStock

The High Court has wound up an Irish-registered company within the Norwegian Air airline group. An examiner was appointed to the airline, which owes(...)

Former Debenhams workers have overwhelmingly rejected a package of supports proposed by the chairman of the Labour Court in response to the liquidation of the retailers’s Irish operation last year. Photograph: Dara Mac Donaill/The Irish Times.

The Government should convert a €3 million fund proposed for training and re-skilling former workers at Debenhams into cash payments for the personnel(...)

Carne Group founder John Donohoe

Carne Group, a Dublin-based provider of technology solutions to the global funds industry, has been valued at about €400 million by an investment from(...)

Michael McAteer, newly re-elected managing partner of Grant Thornton Ireland. Photograph: Crispin Rodwell

After months of damaging revelations about its former chief executive John Delaney, taking on the Football Association of Ireland (FAI) as an aud(...)

Grant Thornton’s audits of Patisserie Valerie over the three years before the collapse are also under investigation by regulators at the Financial Reporting Council (FRC). Photograph: iStock

The liquidators of Patisserie Valerie are suing Grant Thornton in Britain for £200 million (€221 million) over alleged negligence in its audits of the(...)

Norwegian Air Shuttle has been shifting planes from Scandinavian bases to Shannon Airport in recent in weeks in preparation for returning them to the aircraft lessors that supply most of its 140-strong fleet. Photograph: Norwegian Air/PA Wire

Norwegian Air Shuttle (NAS) has been moving aircraft to Shannon Airport as the troubled carrier begins cutting its fleet ahead of restructuring. NAS (...)

It was reported last week that several Chinese entities are considering buying Digicel’s Pacific unit. Photograph: iStock

Digicel has retained Citigroup to advise on a possible sale of its Pacific operations, having received a number of uninvited approaches for the least-(...)

NAS and five Irish subsidiaries have protection against creditors’ claims from the High Court.

Lessors are seeking more information from troubled airline Norwegian Air Shuttle (NAS) on its plans to cut its aircraft fleet, the High Court heard on(...)

FDI companies were already clearly signalling they will close down operations in countries where net-zero cannot be delivered locally. Photograph: iStock

There is huge demand from multinationals “racing to net-zero emissions” for corporate power purchase agreements (PPAs) with renewable energy developer(...)

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