Christine+Lagarde+IMF+Managing+Director+Christine+enur2WV14T3l

In an interview in today’s Irish Times, Christine Lagarde – head of the International Monetary Fund sez:

“We want Ireland to be a success,” and added she wanted to see how the IMF and the Irish authorities could best plan for a successful conclusion to the programme while making sure there would not be a relapse.

“That is what I am most concerned about,” Ms Lagarde said.

“Clearly the world economy avoided collapse last year and I am very concerned that, by moving into a semi-complacent mood, people risk a relapse.”

Asked about the risk of a relapse in Ireland, she said: “Our sense is that it is better to plan than to get caught afterwards with a need for support down the road.”

Surgical knickers ahoy.

Kenny says main goal after two years is to exit bailout (Mary Minihan, John McManus, Irish Times)

(Pic Getty Images/Zimbio)

90293278Sunday_Business_Post_MastheadIt’s a euphemism.

Like, say, ‘Cork merchant prince’.

From Thomas Crosbie Holdings:

Landmark Media Investments is a holding company established and owned by Tom Crosbie, supported by his father Ted Crosbie.

As part of the re-structuring, the Sunday Business Post, will apply to the High Court for the appointment of an examiner.

Thomas Crosbie Printers is applying to the High Court for the appointment of a liquidator to the Company which is insolvent and cannot continue trading.

The 554 people employed in the operations to be acquired will transfer to Landmark Media Investments under existing employment terms and conditions and, where appropriate, in accordance with Transfer of Undertakings legislation.

The Sunday Business Post, which employs 76 people, will continue to trade under the protection of the High Court and with the input of the interim examiner, if appointed. The examiner, if appointed, will formulate a scheme of arrangement to ensure the future viability of the newspaper.

The liquidation of TCP will regrettably result in the loss of up to 12 jobs.

The financial re-structuring, which has been carried out with the support of the group’s banker, AIB, can be summarised as follows:

A receiver, Kieran Wallace of KPMG was appointed this morning to TCH and other group companies.

The Irish Examiner, Evening Echo, Waterford News & Star and the Wexford Echo have been purchased by Landmark Media Investments Ltd.

In addition, TCM, the digital and new media business and Recruit Ireland, the recruitment business have been acquired by Landmark Media Investments Ltd.

The Nationalist series, Western People and Roscommon Herald have been purchased by Landmark Media Investments through share sales.

Landmark Media Investments intends to purchase the radio shareholdings of TCH including WLR, Beat 102FM and Red FM, subject to BAI approval.

All titles and businesses acquired by Landmark Media Investments will continue to trade under their current trade names.

All print titles will continue to publish as normal and all radio stations will continue to broadcast as normal.

The Sunday Business Post, will apply to the High Court for the appointment of an Examiner, including the appointment of an Examiner on an interim basis. TCP is applying to the court for the appointment of a Liquidator and the company has ceased trading.

As a consequence of TCP ceasing to trade and presenting a winding-up petition, the former TCH titles will no longer be printed by Webprint Concepts Limited.

Part of a statement issued by Thomas Crosbie Holdings today.

Did you see what they did there?

The old reverse langer.

Respect.

TCH Group In Financial Restructuring (BusinessPost.ie)

Receiver appointed to publisher of Irish Examiner as part of restructuring (RTÉ)

(Mark Stedman/Photocall Ireland)

ECHR2 ECHR3 ECHR4 ECHR5

ECHR6

Stras

Louise O’Keeffe, behind her lawyer above, began her case against the Irish Government in the European Court of Human Rights today.

Teacher Leo Hickey sexually abused Ms O’Keeffe when she was eight and attending Dunderrow National School in Co Cork in 1973.

In 1998 Hickey was convicted of 21 sample charges involving 21 children from 380 charges.

Ms O’Keeffe has tried to hold the State liable but the High Court dismissed her case, as did the Supreme Court.

It’s believed 200 similar cases have been dropped since the Supreme Court case.

The State tried to stop Ms O’Keeffe’s application to the ECHR, arguing her failure to sue the Diocese of Cork and Ross, which owned the school, showed she didn’t exhaust legal avenues in the Irish court system.

Watch today’s proceedings in Strasbourg here.

Cork woman’s abuse case opens in the European Court of Human Rights (RTÉ)

(Hat tip for video: Conor O’Mahony)

it-happened-one-night-movie-poster

A Capra-sized laugh?

Joe writes:

I’m a projectionist down at the Lighthouse cinema [Smithfield, Dublin]. Since it’s such a beautiful day there’s some guaranteed cheer on down here, ‘It Happened One Night’ is on at 8.30, kicking off our Screwball Comedy Season.
Screwball movies were the comedy answer to The Great Depression and are the drunken bickering parents of all your favourite sitcoms (30 Rock, Arrested Development, etc.).
I’ll be stuck here anyway, so it’d be nice to see the tops of as many heads as possible laughing through my tiny window. Keep on truckin, (or your equivalent metaphor).

 

Lighthouse Cinema – Screwball Comedy Season 

 

90293202

More than 800 schoolboys from Blackrock College and Willow Park, Co Dublin, forming the world’s ‘largest human shamrock’, as part of the schools’ 25th anniversary celebrations of their annual ‘St Patrick’s Day Badges’ campaign in aid of GOAL and Aidlink.

They could have done an Ireland while they were at it.

*throws buke in bin*

800 Dublin Schoolboys Set World Record For Largest Human Shamrock (Independent.ie)

(Mark Stedman/Photocall ireland)

Broadsheet.ie