Companies connected to a renewable energy firm which owes more than €250 million to investors received nearly €14 million in fees and commissions, a report filed in the High Court shows.
Solar 21, which has been delayed repaying around 3,000 Irish investors in its first energy-from-waste plant, also paid over £20 million of investor funds to Wealth Options Capital , which distributed investment for the firm.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solicitor Ammi Burke files complaint against judge who heard High Court caseSolicitor Ammi Burke has submitted a formal complaint to the Judicial Council regarding the judge who heard her complaint over the Workplace Relations Commission’s ruling against her in an unfair dismissal case
Source: thejournal_ie - 🏆 32. / 50 Read more »
Hines fails in move to appeal refusal of Clonliffe seminary planHigh Court refuses developer’s request to appeal decision quashing permission for 1,600 apartments in Drumcondra
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Energy firm that owes €250m to investors paid out millions in fees, report showsSolar 21 has filed High Court proceedings in an attempt to approve a scheme it says could repay 80 per cent of original investor funds
Source: businessposthq - 🏆 8. / 71 Read more »
Energy firm that owes €250m to investors paid out millions in fees, report showsSolar 21 has filed High Court proceedings in an attempt to approve a scheme it says could repay 80 per cent of original investor funds
Source: businessposthq - 🏆 8. / 71 Read more »
Energy firm that owes €250m settled with investor after threat to wind up companyAn energy from waste firm which owes more than €250 million to investors settled with a loan note holder to scupper a recent “threat” to wind up the company, its chief executive has said in court filings
Source: businessposthq - 🏆 8. / 71 Read more »