The Four Courts: A Dublin-based web marketing firm owes some US$1.8 million to two firms to which it outsourced some of its services, it has been claimed in Commercial Court proceedings. Photograph: Bryan O'Brien/The Irish TimesA Dublin-based web marketing firm owes some $1.8 million to two firms to which it outsourced some of its services, it has been claimed in Commercial Court proceedings.
V Media Doo, a Montenegro firm, and First Click Marketing Operations Management Ltd, which is registered in Abu Dhabi, in the United Arab Emirates , both founded by Veselin Terzic, who is based in Montenegro and the UAE – are suing TechAds Media Ltd, of the Black Church, St Mary’s Lane, Dublin. The two firms say they are owed the money for services provided to TechAds under agreements made in February last year.
TechAds provides web traffic to certain internet platform providers or “partners” of TechAds. It engaged certain parties, including V Media and First Click, to provide traffic to its partners in order to facilitate the partners in developing advertising revenue.