Latest news with #Elite


Irish Independent
5 days ago
- Business
- Irish Independent
Court rejects tenant's claim landlord should have insured against arrears
Mr Justice Barry O'Donnell found the claim by Elite Gastrobars Ltd that the landlord's obligation to insure under the terms of the lease cannot be understood as extending to an obligation to provide cover against the type of business interruption caused by the Covid restrictions. The obligation extended to the specified insured risks and that definition does not refer expressly or by implication to losses caused by public-health restrictions, he said. In those circumstances, the judge said Elite failed to meet the threshold that would persuade the court not to enter summary judgment against the company over rent arrears and refer the matter to full hearing. He therefore made an order granting judgment for €276,041 in favour of the shopping centre landlord BVK Elektra 2 Liffey Phase 1 ICAV. The case was also against Bunker Estates Ltd, which was the guarantor in the lease for Elite. The judge said since the case was initiated against Elite, Bunker has been dissolved and the application for summary judge against Bunker was adjourned generally. The judge said while Elite had also raised arguments about the lack of a clear explanation in the accounts for the rent arrears claim and the status of BVK, the main issue was business interruption insurance. The judge was satisfied the figures and explanations provided were accurate and reliable Elite said the arrears were related to trading difficulties during Covid and the landlord had not activated a rent review clause in the lease, which would give rise to an adjustment in the figures claimed. Mr Justice O'Donnell was satisfied that the figures and explanations provided were accurate and reliable. The defendant accepted that it had not paid the rent and other charges for periods, he said. Its primary argument was that this was related to the trading difficulties during the period of Covid restrictions and was also excusable for reasons to do with the business interruption clauses in the lease. The rent review issue was addressed by the parties and an agreed position was achieved with a consequent adjustment to the figure claimed, the judge said. He granted judgment and adjourned the case to October for final orders and cost matters.


Irish Times
6 days ago
- Business
- Irish Times
Liffey Valley Shopping Centre landlord not required to have Covid cover for tenant, court rules
The High Court has rejected a claim by a company that rented a restaurant unit in the Liffey Valley Shopping Centre in Dublin that the landlord seeking judgment for some €276,000 for rent arrears should have had business interruption insurance in place for closures caused by the Covid pandemic restrictions. Mr Justice Barry O'Donnell found the claim by Elite Gastrobars Ltd that the landlord's obligation to insure under the terms of the lease cannot be understood as extending to an obligation to provide cover against the type of business interruption caused by the Covid lockdown restrictions. The obligation extended to the specified insured risks and that definition does not refer expressly or by implication to losses caused by public health restrictions, he said. In those circumstances, the judge said Elite failed to meet the threshold that would persuade the court not to enter summary judgment against the company over rent arrears and refer the matter to full hearing. READ MORE He therefore made an order granting judgment for €276,041 in favour of the shopping centre landlord, BVK Elektra 2 Liffey Phase 1 ICAV. The case was also against Bunker Estates Ltd, which was the guarantor in the lease for Elite. The judge said that since the case was initiated against Elite, Bunker has been dissolved and the application for summary judgement against Bunker was adjourned generally. The judge said that while Elite had also raised arguments about the lack of a clear explanation in the accounts for the rent arrears claim and the status of BVK, the main issue was business interruption insurance. Elite said the arrears were related to trading difficulties during the Covid restrictions and that the landlord had not activated a rent review clause in the lease that would give rise to an adjustment in the figures claimed. Mr Justice O'Donnell was satisfied that the figures and explanations provided by BVK were accurate and reliable. The defendant accepted that it had not paid the rent and other charges for periods, he said. Its primary argument was that this was related to the trading difficulties during the period of Covid restrictions and was also excusable for reasons to do with the business interruption clauses in the lease. The rent review issue was addressed by the parties and an agreed position was achieved with a consequent adjustment to the figure claimed, the judge said. He did not consider that it was open to the defendant to challenge BVK's title. He granted judgment and adjourned the case to October for final orders and cost matters.


Mint
6 days ago
- Business
- Mint
SBI Card discontinues ₹1 crore air accident insurance coverage. Check details
If you hold an SBI Credit Card, particularly one of its premium variants, there's an important update for you. With effect from July 15, SBI Card has discontinued free air accident insurance coverage up to ₹ 1 crore for select credit cardholders Elite, Miles Elite and Miles Prime. Apart from this, several key changes in payment settlement rules of this credit card as well as Minimum Amount Due (MAD) calculations will also come into effect. These changes will impact the premium users the most, especially those who rely on SBI's credit card insurance benefits and flexible repayment terms. Let us understand more about what has changed and how it may affect you. So far, select SBI credit cardholders (Elite, Miles Elite and Miles Prime) were entitled to complimentary air accident insurance amounting to ₹ 1 crore. However, this benefit will be discontinued with effect from July 15, 2025, as part of SBI Card's latest policy overhaul. Affected card variants include SBI Card Elite, SBI Card Miles Elite and SBI Card Miles Prime. These cards will no longer provide air accident insurance coverage after the cut-off date. If you were relying on this insurance during air travel, then it is vital to re-consider some alternative personal coverage options. Similarly, some cards which offer ₹ 50 lakh air accident insurance with no additional charges will also lose this benefit from July 15. The cards which are impacted by this rule include SBI Card Prime and SBI Card Pulse. Now the users of these cards will have to make new arrangements if they want to retain any sort of air travel insurance coverage. Another major change relates to how SBI adjusts your credit card payments. Earlier, the amount you paid would be distributed based on an internal hierarchy. From July 15, SBI will revise the order in which your payment gets applied to different outstanding amounts. SBI has also announced to tighten the rules around Minimum Amount Due, i.e., the minimum sum that you must pay to avoid default or penalty. The new formula substantially increases the minimum amount by including more components. New MAD calculation includes 100 per cent GST, 100 per cent EMI amount, 100 per cent charges and fees, 100 per cent finance charges, Overlimit amount (if applicable) and 2 per cent of the remaining outstanding balance, reveals customer notices given on This means if you only pay the minimum due each billing cycle month to avoid late fees, then your minimum amount due will turn out to be higher than before, thus affecting your monthly budget and increasing overall interest costs if the full amount isn't paid regularly. Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit. For all personal finance updates, visit here


The Citizen
6 days ago
- Automotive
- The Citizen
Hyundai Alcazar takes ‘new name' and product offering a step up
Described as a premium step-up from the Grand Creta, the Alcazar improves significantly in a number areas, while keeping the favoured turbodiesel engine. Alcazar's redesign has been so extensive so that it will be seen as a brand-new model compared to the pre-facelift model known locally as the Grand Creta. Images: Charl Bosch Although an unfamiliar name to South Africa with seemingly no connotations bar, somewhat humorously, the character of the same name in the Tintin comics, the Hyundai Alcazar is anything but new as it has been sold locally since 2022, albeit under a different name. What's in a name? Unveiled four years ago in India as a three-row version of the Creta, Hyundai South Africa's decision to align it with its sibling, produced at the same plant in Chennai, resulted in it being badged Grand Creta rather than sticking with a name local buyers might have taken a giggle to. With souring of the Creta having moved to the Cikarang facility in Indonesia three years ago though, the aligning strategy no longer applied as the pending first lifecycle update made it seem fit to drop the Grand Creta moniker and revert to Alcazar for the local market. NOW READ: Hyundai Alcazar officially priced as 'facelift' Grand Creta A move defined further by Hyundai as representing a step-up on the Grand Creta, despite it being a facelift, the arrival of what is still Hyundai's most affordable seven-seater in South Africa for the weeklong test promised much on the back of its predecessor's popularity, and main selling point, it's turbodiesel engine. Decked-out in the same Titan Grey Matte hue as the now discontinued limited run Creta Matte Edition, the test unit not only sported the 1.5-litre oil-burner underneath its bonnet, but also happened to be the flagship Elite priced at R669 900. Will be seen as new Sitting atop a range reduced to three models from the Grand Creta's five, the Elite's main exterior difference from the step-down Executive – which also continues to the offered with the normally aspirated 2.0-litre petrol engine as the base model – involves the new 18-inch diamond-cut alloy wheels compared to the former pair's 17-inches. Besides this, and viewed on first glance, the facelift touches can, in fact, be disputed as being representative of a completely new generational model as, beside the side profile, the Alcazar shares very little else with the Grand Creta. Central to this is a new bonnet, a new sealed upper grille, the same H-shaped LED headlight clusters from the Exter connected by a central light bar, wider wheel arches and a new front bumper that houses a now lower-mounted rectangular main grille plus a satin silver imitation skidplate. Not stopping there, the Alcazar's restyled rear facia involves a new bumper and integrated skidplate, H-shaped light clusters also connected by a horizontal LED light bar complete with a block letter name logo, a new tailgate and stacked light reflectors on the flanks of the bumper. Rounded off with satin silver roof rails, the Alcazar, arguably, appears better looking, more distinctive and stylish, and more premium compared to the somewhat bulbous and even divisive Grand Creta. Just as extensive, Hyundai has completely renewed the Alcazar's interior, albeit with the omittance of the new pair of 10.25-inch displays for the infotainment system as well as the digital instrument cluster. Instead, all models receive a reworked version of the Grand Creta's instrument cluster and the older eight-inch infotainment display, now equipped with wireless Apple CarPlay and Android Auto for the first time. Housed within the same 'one-piece' binnacle though, the overall design feels and looks decidedly more modern than in the Grand Creta, bolstered by the latter's ease of use and physical shortcut buttons on either side. Besides the new air vents and a storage shelf above glovebox, the centre console has been reworked to include an Audi-style LCD panel for the dual-zone climate control replete with physical toggle switches and touch-sensitive icons in place of the traditional dials. Although finished in anything but practical piano-key black, the initial concern of the setup being more form than function proved unfounded as it works easy while also being intuitive not to frustrate as the case often is. Largely neat looking and ergonomically sound, interior quality felt on the cheap side in some places and exactly the step-up from the Grand Creta Hyundai claims. What's more, the driver's seat doesn't drop low enough to accommodate taller folk, while the quality of the sound system undelivered when taking the Elite's price into consideration. More accomplished are soft and supportive imitation leather seats, the functionality of the multi-function steering wheel and straight-forward chunky buttons for the electronic handbrake, Hill Descent Control, Auto Hold and ventilated front seats. Practically-wise, the Alcazar also impresses as, apart from head-and-legroom leaving little to be desired – the former even with the standard panoramic glass roof – the second row sports a pair of nifty fold-out tables integrated into the backs of the front seats. Despite its seven seats, the third row is exclusive to children, however, entry is made easy by the second row 'tumbling forward' than simply sliding. In terms of space, the boot accommodates 180-litres with all seven seats in use, which increases to 579-litres in five-seat guise. With the middle row also down, total utility space measures 1 670-litres. Besides the features already mentioned, along with the peculiarity of only ventilated seats, the Alcazar Elite comes standard with rear window blinds, keyless entry plus push-button start, USB ports in each row, a wireless smartphone charger, folding electric mirrors and ambient lighting. Safety and driver assistance come in the form of a tyre pressure monitor, rear parking sensors, a somewhat underwhelming reverse camera, Adaptive Cruise Control, Blind Spot Monitoring, Driver Attention Alert, Lane Keep Assist, Rear Cross Traffic Alert, Forward Collision Avoidance Assist and Lane Follow Assist. As much as it had been the selling point of the Grand Creta in a largely petrol-powered and ever growing hybrid end of the market, the much vaunted 1.5-litre turbodiesel engine isn't most refined nor quietest available. Tasked with moving 1 445 kg unladen, the engine's 84kW/250Nm makes for a slightly underpowered feel similar to the still Indian made Creta tested four years ago. Slightly overcoming its initial breathlessness as the revs climb, a fair amount of engine noise still creeps into the cabin at speed, while the six-speed automatic gearbox goes about its business in a relatively slick manner. As with the Grand Creta, the Alcazar's amount of twist goes to the front wheels only, though it does offer a Terrain mode selector with three settings; Snow, Mud and Sand. On top of this, the conventional drive mode system comes with three modes of its own; Eco, Normal, Sport, the former never being engaged, and the latter seldom as the admittedly sharper throttle response sees the revs climbing too with the result of a terribly sounding strained diesel soundtrack. Equally prone to simply spinning all of the power away without going faster, Normal was selected throughout the Alcazar's seven days and eventual 409 km covered. On the move, and despite the intrusive engine noise, the slightly firm ride still feels acceptable as the suspension dampens imperfections well without sending shudders or other aftereffects throughout the cabin. Unsurprisingly, the Alcazar's main selling point delivered with an indicated best consumption figure of 5.9 L/100 km at the completion of its stay. Conclusion While not without its detractions, some disappointing considering its supposed step-up from the Grand Creta, the Hyundai Alcazar still warrants being a worthwhile improvement both aesthetically and to some extent, internally. Practical and an overall solid product that does what it says on the tin without doing anything spectacularly good or bad, it still comes across as a bit pricey against not only its immediate legacy brand rivals, but also the ever growing number of comparative Chinese products. That being said, it is still worth a second look and given South Africa's still burning love for diesel and top-spec model variants, yet another likely success story in pending for the Korean brand. NOW READ: Hyundai Alcazar has an ace up its sleeve against Chinese SUVs


Powys County Times
23-07-2025
- Sport
- Powys County Times
Ice hockey club retire shirt number of teenage star who died in Ibiza
Tributes to a 'hugely talented' Scottish ice hockey player who died in a suspected fall from a hotel balcony in Ibiza are continuing to pour in, with teammates opting to retire his shirt number for the upcoming season out of 'respect' for the teenager. Gary Kelly, 19, who played for the Dundee Stars, died at the Ibiza Rocks Hotel in San Antonio on Monday. On Tuesday the club announced that 'as a mark of respect' for Mr Kelly, one of his teammates has opted to change his shirt number for the upcoming season. In a social media post, the club explained: 'As a mark of respect, Dominick Jaglar has opted to change his number for the upcoming season from 45 to 72 '45 was the number Gary Kelly wore on two occasions, making his Elite league debut for his hometown team the Dundee Stars in 2024-25.' As a mark of respect, Dominick Jaglar has opted to change his number for the upcoming season from 45 to 72 45 was the number Gary Kelly wore on 2 occasions, making his Elite league debut for his hometown team the Dundee Stars in 2024-25 ❤️🤍💙🫶 — Dundee Stars🏒🥅 (@DundeeStars) July 22, 2025 Flowers, pictures and team tops have been left in tribute outside the Dundee Ice Arena, the club's home venue, with the club thanking those who had done so. 'Floral tributes are being left at Dundee Ice Arena for one of our own, Gary Kelly,' the club said on social media. 'If you wish to leave flowers, please feel free to do so.' A fundraising page has been set up for the Kelly family, which has so far received donations from more than 700 people totalling £17,700, with a target of £22,000. The GoFundMe page reads: 'We are all feeling the loss of young Gary Kelly. 'I know you can't put a price on life. But hopefully we can help the family through this, as a nicer young man and family you would struggle to find. John Colley, chairman of Scottish Ice Hockey and Aberdeen Lynx – where Mr Kelly also played – said on Tuesday the entire hockey community is still 'coming to terms with the devastating loss of Gary Kelly'. He went on: 'Gary was a young man who left a lasting impression on everyone he met – not just through his incredible talent on the ice, but through his warmth, generosity, and infectious charisma. 'We are a hockey family, and Gary was a cherished part of that family. His absence will be felt deeply – not just in Aberdeen, but across the Scottish hockey community and further afield. 'Above all, Gary valued family – both his own and the wider hockey family. As we reflect on the joy and impact he brought to so many, we want to come together to honour his memory and the legacy he leaves behind.' In a statement issued following the news of Mr Kelly's death, the Dundee Stars said everyone at the club was 'heartbroken'. The club added: 'Gary was hugely talented and charismatic individual who had a great future ahead of him. 'His loss will impact many in the ice hockey community and beyond. He will be sadly missed. 'We respect and support the family's request for privacy at this extremely difficult time.'