Latest news with #JohnMooney
Yahoo
3 days ago
- Yahoo
Man pleads guilty after 2024 traffic stop turned up drugs, stolen gun
HENDERSON, Ky (WEHT) – A Louisville man will spend time in prison following an agreement to plead guilty in relation to a traffic stop in 2024 that turned up drugs and a stolen gun. According to the Spencer County Prosecutor's Office, 38-year-old John Mooney plead guilty to Possession of Meth and Unlawful Possession of a Firearm by a Serious Violent Felon among other charges. As previously reported, in early February 2024, Indiana State Police Troopers running stationary traffic on I-64 saw a black Honda Civic going in excess of 120 MPH. Mooney was the one discovered to be driving. Officials state upon catching up to the vehicle at the Nancy Hanks Rest Area, an investigation uncovered several items of contraband in the vehicle. Troopers discovered a stolen 9mm pistol and 623 grams of meth in a trash receptable of the woman's bathroom during a search of the rest area. The passenger was identified as 24-year-old Rita Delong of Louisville. Officials say she admitted to placing the stolen firearm and meth in the bathroom shortly before Troopers caught up. Mooney reportedly denied having knowledge or involvement in the items, but analysis later revealed Mooney's DNA was on numerous components of the firearm. Officials state under the plea agreement, Mooney agreed to be sentenced to 12 years with six being executed at the Indiana Department of Correction while the other six would be executed by continuing supervision. Delong had previously plead guilty in June 2024 to Possession with Intent to Deliver Methamphetamine and Theft of a Firearm. She was sentenced to 17 1/2 years with four being executed at the IDOC, six tears on Community Corrections Work Release and 7 1/2 years of continuing supervision. Mooney's sentencing is slated for July 17. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Irish Independent
29-04-2025
- Business
- Irish Independent
Buyer of school-meals provider sold for €54m sues, claiming it was misled about financial affairs
In 2023, Compass Catering Ireland Ltd, part of a global food services group, acquired CNB Investments Ltd, which held the entire share capital in Glanmore Foods Ltd. Glanmore provides pre-packaged hot and cold meals and snacks to around 450 schools in disadvantaged areas. The Department of Social Protection provides schools with the funds for the scheme. Glanmore MD, John Mooney, and his wife Jennifer, own CNB which is registered in Raheen, Rathcoffey, Naas, Co Kildare. Compass is seeking damages for breach of contract under the share purchase agreement as well as, or alternatively, damages for deceit, fraudulent or negligent misrepresentation and restitution for alleged unjust enrichment. It also seeks, if necessary, an injunction preventing CNB from reducing its assets below €25m, or cash below €10m, pending resolution of the proceedings. The claims are denied. On Monday, Mr Justice Mark Sanfey admitted the case to the fast-track Commercial Court on the application of Joe Jeffers SC, for Compass, with the consent of Brian Conroy SC, for the defendant. The case comes back next month. In 2023, Compass paid €54.8m for the business. Compass announced that Blanchardstown-based Glanmore would retain its current management team. As part of the pre-purchase due diligence process, Compass says CNB provided information showing that turnover as of December 2022 was €10m and net profit €1.3m. However, during a transitional management meeting in September 2023, Compass said it became apparent that "certain financial irregularities" had arisen about the charging of schools for hot meals. Compass says it became clear there was previously an undisclosed problem with Glenmore's billing system where it automatically charged participating schools for hot meals even though a child had chosen only snacks. Compass claims a conscious decision was made by Glanmore only to refund schools which raised concerns rather than correct the invoicing model and inform other affected schools. It says an internal review calculated total overcharges of at least some €734,000. Compass says it would not have agreed to buy the business if it had known about this and that it was worth "significantly less" than it was worth.
Irish Times
28-04-2025
- Business
- Irish Times
School meals provider sold for €54 million being sued for allegedly misleading buyer
A family-owned school meals provider which was bought out for some €54 million is being sued in the Commercial Court by the purchaser who claims it was misled about the financial state of affairs of the business. In 2023, Compass Catering Ireland Ltd, part of a global food services group, acquired CNB Investments Ltd, which held the entire share capital in Glanmore Foods Ltd. Glanmore provides pre-packaged hot and cold meals and snacks to around 450 primary and secondary schools in disadvantaged, or DEIS areas. The Department of Social Protection, which provides schools with the funds for the scheme, has said it intends to roll out the provision of meals to all schools by 2030. READ MORE Glanmore MD, John Mooney, and his wife Jennifer, own CNB which is registered in Raheen, Rathcoffey, Naas, Co Kildare. Compass is seeking damages for breach of contract under the share purchase agreement as well as, or alternatively, damages for deceit, fraudulent or negligent misrepresentation and restitution for alleged unjust enrichment. It also seeks, if necessary, an injunction preventing CNB from reducing its assets below €25 million, or cash below €10 million, pending resolution of the proceedings. The claims are denied. On Monday, Mr Justice Mark Sanfey admitted the case to the fast track Commercial Court on the application of Joe Jeffers SC, for Compass, with the consent of Brian Conroy SC, for the defendant. The case comes back before the court next month. In its claim, Compass says Glanmore initially provided cold meals to schools but during the pandemic the government expanded funding for hot meals and by 2022/23 the number of schools availing of hot meals from Glanmore increased to 93. In 2023, Compass paid €54.8 million for the business. Compass announced that Blanchardstown-based Glanmore would retain its current management team. As part of the pre-purchase due diligence process, Compass says CNB provided information showing that turnover as of December 2022 was €10m and net profit €1.3m. However, during a transitional management meeting in September 2023, Compass said it became apparent that 'certain financial irregularities' had arisen about the charging of schools for hot meals. Compass says it became clear there was previously an undisclosed problem with Glenmore's billing system in relation to overcharging errors for hot meals. This was where the invoicing system automatically charged participating schools for hot meals even though a child had declined the hot meal and chosen only snacks. Compass claims a conscious decision was made by Glanmore only to refund schools which raised concerns rather than correct the invoicing model and inform other affected schools. It says an internal review calculated total overcharges of at least some €734,000. Compass says it would not have agreed to buy the business if it had had known about this and that it was worth 'significantly less' than it was worth.
BreakingNews.ie
28-04-2025
- Business
- BreakingNews.ie
School meals provider sold for €54m being sued for allegedly misleading buyer
A family-owned school meals provider, which was bought out for €54 million, is being sued in the Commercial Court by the purchaser, who claims it was misled about the financial state of affairs of the business. In 2023, Compass Catering Ireland Ltd, part of a global food services group, acquired CNB Investments Ltd, which held the entire share capital in Glanmore Foods Ltd. Advertisement Glanmore provides pre-packaged hot and cold meals and snacks to around 450 primary and secondary schools in disadvantaged, or DEIS (Delivering Equality of opportunity In Schools) areas. The Department of Social Protection, which provides schools with the funds for the scheme, has said it intends to roll out the provision of meals to all schools by 2030. Glanmore MD, John Mooney, and his wife, Jennifer, own CNB, which is registered in Raheen, Rathcoffey, Naas, Co Kildare. Compass is seeking damages for breach of contract under the share purchase agreement as well as, or alternatively, damages for deceit, fraudulent or negligent misrepresentation and restitution for alleged unjust enrichment. Advertisement It also seeks, if necessary, an injunction preventing CNB from reducing its assets below €25 million, or cash below €10 million, pending resolution of the proceedings. The claims are denied. On Monday, Mr Justice Mark Sanfey admitted the case to the fast track Commercial Court on the application of Joe Jeffers SC, for Compass, with the consent of Brian Conroy SC, for the defendant. The case comes back next month. In its claim, Compass says Glanmore initially provided cold meals to schools, but during the pandemic, the government expanded funding for hot meals, and by 2022/23, the number of schools availing of hot meals from Glanmore increased to 93. Advertisement In 2023, Compass paid €54.8 million for the business. Compass announced that Blanchardstown-based Glanmore would retain its current management team. As part of the pre-purchase due diligence process, Compass says CNB provided information showing that turnover as of December 2022 was €10 million and net profit was €1.3 million. However, during a transitional management meeting in September 2023, Compass said it became apparent that "certain financial irregularities" had arisen about the charging of schools for hot meals. Compass says it became clear there was previously an undisclosed problem with Glenmore's billing system in relation to overcharging errors for hot meals. This was where the invoicing system automatically charged participating schools for hot meals even though a child had declined the hot meal and chosen only snacks. Compass claims a conscious decision was made by Glanmore only to refund schools which raised concerns rather than correct the invoicing model and inform other affected schools. It says an internal review calculated total overcharges of at least some €734,000. Compass says it would not have agreed to buy the business if it had known about this and that it was worth "significantly less" than it was worth.
Irish Examiner
28-04-2025
- Business
- Irish Examiner
School meals provider sold for €54m being sued for allegedly misleading buyer
A family-owned school meals provider, which was bought out for some €54m, is being sued in the Commercial Court by the purchaser, who claims it was misled about the financial state of affairs of the business. In 2023, Compass Catering Ireland Ltd, part of a global food services group, acquired CNB Investments Ltd, which held the entire share capital in Glanmore Foods Ltd. Glanmore provides pre-packaged hot and cold meals and snacks to around 450 primary and secondary schools in disadvantaged, or DEIS (Delivering Equality of opportunity In Schools) areas. The Department of Social Protection, which provides schools with the funds for the scheme, has said it intends to roll out the provision of meals to all schools by 2030. Glanmore MD, John Mooney, and his wife Jennifer, own CNB which is registered in Raheen, Rathcoffey, Naas, Co Kildare. Compass is seeking damages for breach of contract under the share purchase agreement as well as, or alternatively, damages for deceit, fraudulent or negligent misrepresentation and restitution for alleged unjust enrichment. It also seeks, if necessary, an injunction preventing CNB from reducing its assets below €25m, or cash below €10m, pending resolution of the proceedings. The claims are denied. On Monday, Mr Justice Mark Sanfey admitted the case to the fast track Commercial Court on the application of Joe Jeffers SC, for Compass, with the consent of Brian Conroy SC, for the defendant. The case comes back next month. Compass Catering Ireland Ltd's claims In its claim, Compass says Glanmore initially provided cold meals to schools but during the pandemic the government expanded funding for hot meals and by 2022/23 the number of schools availing of hot meals from Glanmore increased to 93. In 2023, Compass paid €54.8m for the business. Compass announced that Blanchardstown-based Glanmore would retain its current management team. As part of the pre-purchase due diligence process, Compass says CNB provided information showing that turnover as of December 2022 was €10m and net profit €1.3m. However, during a transitional management meeting in September 2023, Compass said it became apparent that "certain financial irregularities" had arisen about the charging of schools for hot meals. Compass says it became clear there was previously an undisclosed problem with Glanmore's billing system in relation to overcharging errors for hot meals. This was where the invoicing system automatically charged participating schools for hot meals even though a child had declined the hot meal and chosen only snacks. Compass claims a conscious decision was made by Glanmore only to refund schools which raised concerns rather than correct the invoicing model and inform other affected schools. It says an internal review calculated total overcharges of at least some €734,000. Compass says it would not have agreed to buy the business if it had known about this and that it was worth "significantly less" than it was worth.
