logo
High Court rejects Monaghan lender's application to recover €8.8m debt from Paddy McKillen jnr

High Court rejects Monaghan lender's application to recover €8.8m debt from Paddy McKillen jnr

Business Post12-05-2025

Legal
High Court rejects Monaghan lender's application to recover €8.8m debt from Paddy McKillen jnr
Eoin O'Hare
14:52
Úna Tighe, barrister for McKillen jnr, told the High Court that there were 'procedural irregularities' in the proceedings launched by Cabriz Finance.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Where is The Orkney Assassin Michael Ross now?
Where is The Orkney Assassin Michael Ross now?

The Irish Sun

timean hour ago

  • The Irish Sun

Where is The Orkney Assassin Michael Ross now?

THE Orkney Assassin, Michael Ross, was just 15 years old when he murdered waiter Shamsuddin Mahmood. On June 2 1994, 2 The waiter was murdered at an Indian restaurant in front of terrified diners Credit: PA:Press Association Where is Michael Ross now? Ross was originally questioned by police six months after the murder of the 26-year-old waiter, but prosecutors ruled there was not enough evidence to charge the teenager. In the following summer, Ross left the island of Orkney, where he was born, and 17 joined the Scottish regiment. From there, he progressed through the ranks and became a decorated Black Watch sniper after serving a tour of duty in Iraq. Read More on Michael Ross But on June 20 2008, he was brought to justice in the High Court in Glasgow. 2 Michael Ross, accused of murder, arriving at Glasgow High Court. Credit: PA:Press Association During his guilty verdict, Ross, dramatically tried to flee by jumping out of the dock and knocking over the security guard. Now 47 years old, Ross As a result, he was sentenced to two years in prison to run alongside his life term of which he has served 17 years so far. Most read in News What happened to Shamsuddin Mahmood? The murder of Shamsuddin Mahmood took place on June 2, 1994 when he was fatally shot after a man wearing a balaclava entered Mumataz Restaurant in Kirkwall at around 7.10pm and exited the premises shortly after. Shamsuddin had arrived in Orkney only six weeks before and had plans to return to Bangladesh to marry his fiancée. Shamsuddin's murder was the first to take place on the island in 25 years and during the original investigation, 2,736 statements were taken. Ross' mother Moira, recounted the time Michael came home from the police station when he was 16 years old. She went upstairs and asked whether he had shot Shamsuddin six months before, which he denied. During the investigation, Edmund Ross' career as a police officer ended after he lied about the fact that he owned identical bullets to those used in the murder weapon. Edmund Ross was subsequently jailed for four years in 1997 for perverting the course of justice. It is reported that Michael Ross' earliest possible release is in 2035. How to watch The Orkney Assassin: Murder In The Isles Amazon Prime Video has released a special titled The Orkney Assassin: Murder In The Isles, providing insight from law enforcement officers, eyewitnesses, journalists, and also interviews with Ross' parents, who maintain his innocence. The first episode aired on Sunday, June 8 2025.

AerCap can recover over $1 billion, UK court rules in case over jets 'lost' in Russia
AerCap can recover over $1 billion, UK court rules in case over jets 'lost' in Russia

RTÉ News​

timea day ago

  • RTÉ News​

AerCap can recover over $1 billion, UK court rules in case over jets 'lost' in Russia

The world's largest aircraft lessor AerCap can recover over $1 billion in relation to jets stuck in Russia since the invasion of Ukraine, London's High Court ruled today, though that is less than the roughly $2 billion it sought. The court ruled broadly in favour of leasing companies in a multi-billion-dollar legal dispute with insurers, following a mammoth trial of one of the biggest insurance disputes ever heard in London which concluded in February. The lawsuit had focused on almost 150 jets and some engines, previously with a total value of up to $4.7 billion, though settlements - including on the first day of the trial in October - have whittled the numbers down. Judge Christopher Butcher said in a summary of his ruling that the aircraft were lost and "that loss occurred on 10 March 2022, when a piece of Russian legislation banned the export of aircraft and aircraft equipment from Russia". That meant the lessors could recover from their "war risks insurers", rather than under a broader all risks clause, as the cause of the loss was "an act or order of the Russian government", Butcher said. The judge also ruled that insurers were not prevented by EU or US sanctions from indemnifying the claimants for the loss of aircraft which had been leased to Russian airlines. AerCap's law firm Herbert Smith Freehills Kramer said the judgment secured $1.035 billion for AerCap, "in addition to substantial recoveries achieved in prior settlements". The $1.035 billion sum is, however, less than AerCap's claimed losses of over $2 billion had it been able to recover under its all risks policy. Butcher said in his ruling that Dublin-based AerCap had received just over $1.3 billion from six settlements between August and December 2023 with lessees and a Russian insurance company. AerCap, Dubai Aerospace Enterprise (DAE), Merx Aviation, KDAC Aviation Finance, Falcon and Genesis had led the claims against a string of insurers, including AIG, Lloyd's, Chubb and Swiss Re. KDAC settled all its claims during the trial, Butcher said in his ruling, while AerCap, DAE and other lessors have periodically disclosed partial settlements.

Former Ryanair pilot charged in connection with €10m drug seizure has bail application pending
Former Ryanair pilot charged in connection with €10m drug seizure has bail application pending

Sunday World

timea day ago

  • Sunday World

Former Ryanair pilot charged in connection with €10m drug seizure has bail application pending

Mr O'Mara was today appearing in court via video-link from a booth at Limerick prison A former Ryanair pilot who is charged in connection with the possession of more than €10m worth of drugs has an application for bail pending before the High Court, a court has heard. At Ennis District Court today, Brendan O'Mara (62) of An Tulach, Summerhill, Meelick, Co Clare, was making his fourth court appearance concerning the Garda seizure of an estimated €10m in cannabis at Mr Mara's south east Clare home on May 7th. Mr O'Mara was today appearing in court via video-link from a booth at Limerick prison after a judge refused Mr O'Mara bail at a special sitting of Ennis District Court on May 10th following Garda objections. From his prison booth today, Mr O'Mara said 'I can, yes' when asked if he could see and hear the court and confirmed his name as 'Brendan O'Mara'. Judge Gabbett asked if there was any news on DPP directions and Sgt Frank O'Grady said that DPP directions are still outstanding. Solicitor for Mr O'Mara, Ted McCarthy said: 'There is a bail application pending before the High Court and I am hoping that will be resolved shortly.' Mr McCarthy asked that the case be adjourned for two weeks and Judge Gabbett said that if Mr O'Mara does secure High Court bail in the meantime he must turn up to court in person on June 25th. At the end of the brief hearing, Mr O'Mara said: 'Thank you, bye, bye.' Mr O'Mara faces two charges - possessing cannabis for sale or supply, and possessing cannabis, on May 7th. At the contested bail hearing on May 10th, Gardaí told the court Mr O'Mara made no reply to the charges after caution, and that 'further, and more serious charges' may be brought against him in respect of the case where Gardai seized an estimated 502 kg in cannabis. Sergeant Rob Sheehy of the Limerick Divisional Drugs Unit, said he was objecting to bail because of the 'strength and nature of the evidence' as well as the high value of the drugs. Brendan O'Mara. Photo: Eamon Ward News in 90 Seconds - June 11th He told the court that the Garda investigation was in its 'infancy', but he said gardai believed that 'it stretches to a number of countries and there are a number of persons that need to be established'. He claimed Mr O'Mara was also a flight risk, due to his 'aeronautical knowledge', that he has a number of pilots licenses, and has links to the USA. Applying for bail on May 10th, solicitor Tara Godfrey, said the accused has 'three pilots licences including a helicopter licence, a UK pilot licence and a EASA (European Union Aviation Safety Agency) licence', and he would 'hand over' his licences to the State and not leave the country. 'His Ryanair crew card is being returned to his former employers,' Ms Godfrey said. Ms Godfrey said a sister of Mr O'Mara was in the court and had pledged to act as an independent bail surety for the accused for up to €177,000. Appealing for the court not to hold the accused in custody Ms Godfrey said Mr O'Mara 'has offered up all the means he could to leave this country' and has significant ties here. She said: 'He enjoys the presumption of innocence.' Judge Gabbett remanded Mr O'Mara in custody to re-appear at Ennis District Court on June 25th.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store