Search Results for: Irish

BY LUCY JONES, in Dallas, Texas

THERE is another side to the loss of life and devastation wreaked in the USA by hurricanes Katrina, Rita, Wilma and Dennis last year, a market reaction that has brought unsought benefits to the US paint and coatings industry.…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice has ruled efforts to squeeze Ireland-based creditors from Bank of America-inspired insolvency proceedings of a Dublin-based subsidiary of Italian food giant Parmalat could be blocked by Irish courts. The ECJ confirmed the theoretical role of Italian liquidators, but in reality an Irish liquidator will probably handle the case.…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice (ECJ) has ruled that efforts to squeeze Ireland-based creditors from Bank of America-inspired insolvency proceedings of a Dublin-based subsidiary of Italian food giant Parmalat could be blocked by the Irish courts. Although the ECJ ruling in principle also confirms the theoretical rights of Italian liquidators to have a role – noting that "the right of creditors or their representatives to participate" in insolvency proceedings "is of particular importance" – the effect in this case will be to guarantee the rights of a publicly appointed liquidator in Ireland.…

BY KEITH NUTHALL

EUROPEAN Union (EU) political leaders have agreed medium-term (2007-13) budgets for crucial spending projects for the energy sector: Trans European Networks (TENs) and the EU seventh framework programme (FP7) for research. On TENs, the European Parliament, Commission, and EU Council of Ministers have agreed a Euro 7.2 billion budget, Euro 500 million above previous drafts, although this will have to be split with TENs transport projects.…

BY KEITH NUTHALL

A BID by the Spanish government to secure more North Sea and Baltic Sea access rights for its fishermen has been thrown out by the European Court of Justice (ECJ). After Spain joined the European Union in 1986, it was given some special transitional access to these waters (from 1996), but these expired in 2002, leaving Spanish vessels – claimed Madrid – with unfairly limited quotas.…

BY KEITH NUTHALL

IRELAND has been censured by the European Court of Justice (ECJ) for failing to comply with a year 2000 European Union (EU) directive imposing limits on working time in the civil aviation sector. This enshrined in law an agreement struck by the Association of European Airlines (AEA), the European Transport Workers’ Federation (ETF), the European Cockpit Association (ECA), the European Regions Airline Association (ERA) and the International Air Carrier Association (IACA).…

BY KEITH NUTHALL

THE EUROPEAN Commission has unveiled imminent plans to abolish the European Union (EU) system of pre-financing export refunds for food, widely used in the past to manipulate EU beef sales. Because of this, EU agriculture Commissioner Mariann Fischer-Boel has told the EU Council of Ministers that the system would be replaced with direct beef export controls.…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice (ECJ) has declared illegal a refusal by the European Commission to pay Euro 154,892 interest on the refunded portion of a Euro 8.8 million fine earlier levied against Ireland’s Irish Sugar, now owned by the Greencore Group plc.…

BY KEITH NUTHALL

IRISH natural gas company Finavera Ltd claims a technical evaluation of its Lough Allen natural gas field, in the northwest Irish Republic and Northern Ireland has revealed 9.4 trillion cubic feet gas reserves.

ENDS…

BY KEITH NUTHALL

THE EUROPEAN Court of Justice has declared illegal a refusal by the European Commission to pay Euro 154,892 interest on a refunded fine levied against Irish Sugar, now owned by Greencore.

ENDS…