Lorcan O’Connor

CIÉ's pensions time bomb ready to explode

State-owned transport company says it’s ready to pull plug on scheme for new entrants

Sat Jul 08 2023 - 05:00

Worries over CIÉ pension scheme as group trims losses despite end of Covid supports

Revenues at transport operator up 15%, while recovery in public transport usage in wake of pandemic ‘one of the fastest experienced’ worldwide

Fri Jul 07 2023 - 17:52

CIÉ group warns it is ‘balance sheet insolvent’ due to Covid-19

State-owned transport body could report €50m in commercial losses for 2020

Fri Apr 23 2021 - 04:50

Big increase in Irish companies reporting carbon emissions, report finds

CDP says number of Irish companies reporting is up from 31 to 47

Thu Mar 04 2021 - 14:13

Language schools warn of Covid-19 job losses and hit to economy

Teachers, schools and host families deprived of income as foreign students stay away

Fri Jul 17 2020 - 02:41

Galway development could transform skyline with 21-storey tower

Augustine Hill streets-in-the-sky scheme beside train station to house 1,000 people

Thu Feb 20 2020 - 03:00

Development of 10,000 home scheme moves a step closer in Limerick

€2bn scheme sits on 123 acres near Limerick’s Colbert train station

Fri Jan 10 2020 - 11:20

Dublin Port canvasses views on growing cruise business

Consultation process opened on how port would fund €108m new terminal facilities

Tue Oct 22 2019 - 19:05

Dublin 8 revival: Liberties area set for docklands-style makeover

At least 3,000 new apartments are expected to come on stream at high-profile sites in the area

Thu Aug 29 2019 - 06:58

Businessman and PR firm apologise to port chief for press releases

Campaigners acknowledge statements made ‘without providing a sufficient factual basis’

Fri Jul 05 2019 - 21:35

Dublin Port executives to appear before Oireachtas committee

Managers accept invite to discuss credit card spending, Brexit and cruise-ship business

Mon Jun 24 2019 - 02:31

AIB offers €5bn in green loans, more IP asset moves by US tech, and ECB fears

Business Today: the best news, analysis and comment from The Irish Times business desk

Fri Jun 07 2019 - 06:39

No turning back: New CIÉ head ready to get Dublin moving

Interview: Lorcan O’Connor has big plans for easing congestion and improving public transport

Fri Jun 07 2019 - 05:03

Minister reassures DUP leader over reduced cruise ship business

Ross tells Arlene Foster Cork and Belfast trying to fill gap left by Dublin’s ship limits

Mon May 13 2019 - 00:59

CIÉ appoints Lorcan O’Connor as new chief executive

First challenges will be to tackle pension shortfall and manage State company’s properties

Wed Dec 12 2018 - 13:20

Donohoe to check protections for PTSB mortgage holders

Minister reviewing rules to avoid mass repossessions in light of likely sale of 14,000 home loans to vulture fund

Wed Feb 21 2018 - 15:24

Banks should have agreed debt deals, says insolvency director

Permanent TSB could have avoided sales of bad loans by using State’s insolvency fixes

Wed Feb 21 2018 - 01:00

Insolvency chief to meet banks over drop-off in mortgage write-off deals

Personal debt arrangements fall sharply as objections stall insolvency deals in the courts

Tue Nov 14 2017 - 16:52

Banks using cynical legal manoeuvres to avoid mortgage write-downs

Process grinding to halt as banks contest legal and technical points

Fri Nov 10 2017 - 01:44

Sharp rise in numbers seeking debt solutions in Ireland

Applications for solutions rose 71 per cent to 1,259 in second quarter, figures show

Wed Aug 02 2017 - 12:40

Big read: Irish banks plot loan sales as ECB turns up heat

Bad loans endgame looms as new sheriff in town lays down law to Irish banks

Fri Jun 16 2017 - 06:00

Numbers with debt solutions using insolvency service rises

Most in mortgage arrears using service stay in homes after deal with lenders - ISI director

Thu May 25 2017 - 23:36

Ruling clarifies position of deserted spouse in debt write-off cases

High Court judgment sets precedent to help resolve personal insolvency for the separated

Sun Mar 26 2017 - 18:16

Advisers paid €21,000 average for helping struggling debtors

State-funded Abhaile scheme pays €550,000 to personal insolvency practitioners

Thu Mar 23 2017 - 15:25

Applications to insolvency service more than double since 2015

Almost 900 applications made to Insolvency Service of Ireland in third quarter of this year

Mon Oct 17 2016 - 10:48

Almost 800 released from debt after shorter bankruptcy

First group set to restart lives without the onerous ‘burden of unsustainable debt’

Fri Jul 29 2016 - 01:00

Banks' approach to fixing mortgages in arrears may lead to future problems

Quarter of owner-occupier accounts ‘fixed’ by arrears capitalisation ‘redefaulted’

Sun May 29 2016 - 10:48

Insolvency Service reports 16% rise in applications in Q1

New measures which allow decisions on family homes to be reviewed cited as driving growth

Tue Apr 19 2016 - 12:19

New bankruptcy legislation signed into law

Legislation will reduce the bankruptcy term from three years to one year

Fri Jan 29 2016 - 12:33

Debtors to be able to seek court review if proposals rejected

Borrowers allowed apply to courts if lenders decline personal insolvency arrangement

Thu Nov 19 2015 - 21:23

Debt restructuring falls in Q3 - Insolvency Service

Just 300 arrangements were agreed druing period as David Hall says reduction is ‘hugely concerning’ with many postponing bankruptcy

Mon Oct 12 2015 - 12:23

Online forum for homeowners facing bankruptcy

Minister for Justice expected to read submissions from people with mortgage difficulties

Mon Jun 01 2015 - 01:00

What are our banks at? Figures show rejection of debt deals

‘The idea that people would play the system to skip debt has no foundation’

Wed Apr 15 2015 - 01:00

Banks lose millions in way they treat distressed borrowers

Each personal-insolvency rejection costs banks €100,000, says insolvency service