Fears for future of Mr Binman

first_imgAdvertisement Linkedin NewsLocal NewsFears for future of Mr BinmanBy admin – October 13, 2011 1381 WhatsApp Print Facebookcenter_img FEARS surround over 600 direct and indirect jobs at one of the country’s largest waste removal service providers, after examiners moved into its Limerick offices this Wednesday. A hive of administrative activity was reported at the Luddenmore headquarters in recent days, where it is believed an extensive investigation into the future and stability of the company was undertaken. It is alleged that the company experienced financial difficulties in recent months and years.Sign up for the weekly Limerick Post newsletter Sign Up An application submitted this Wednesday morning to the High Court on behalf of Mr Binman, sought court protection for the company. Affidavits have been furnished to the chancery court list and the matter is due to be heard again on October 18. However, in the interim, Mr Billy O’Riordan of Pricewaterhouse Coopers has been appointed as examiner to Mr Binman and its subsidiary companies, Greenport Environmental, Rural Refuse and Recycling and Clearpoint Recycling Ltd. Under the helm of Mr Martin Sheehan Snr since 1994, Mr Binman through the Sheehan family has site locations at Grange in Kilmallock, and Carrick-on-Suir, with accompanying offices in Clonmel, Ennis, Newcastle West and Limerick city. The company is now under the management of Mr. Martin Sheehan Jnr. In recent weeks, a decision was made by Bank of Scotland (Ireland) to withdraw its support and the company directors sought examinership to negotiate and restructure its debts.With a price war rampant throughout the industry, the company was said to be “compromised,” following claims that lending institutions sought to recoup on their lending.But Mr Binman say that they have an investor willing to inject the companies with finance to fund their working capital. Four years ago the company was involved in the purchase of a bio mass site in Foynes, for a reported €17 million.Other purchases made in recent years include a €5 million farm in Kilmallock, adjacent to the Luddenmore site. Mr Binman recently launched a service in the Cork area. Discounted services were also launched in Waterford.It has been suggested that an imminent rescue package could be put in place, while a firesale of the company to competitors is also seen as a possibility, should the proposed business plan fail to secure long-term viability.Financial difficulties and the resistance of the Bank of Scotland Ireland to make finances available to Mr Binman were alluded to during court proceedings brought against the company by local authorities. In 2010, Mr Binman was fined at Limerick District Court over its non compliance with Environment legislation, as it left over 30,000 of its customers without a suitable wheelie bin for the collection of recycling waste. The company stated that it was unable to get credit from the bank to carry out the necessary upgrade and roll-out of the bins to its customers, further stating that despite this it would still endeavour to complete its regulatory obligations.Company financial data was also withheld from the public domain during a recent court case, being deemed to be “sensitive information”. The company was convicted of breaches of the health and safety and fined €40,000 over an incident where an employee lost his life in an onsite accident in 2008. Recently, Mr Binman tried to overcome financial difficulties without the support of the UK bank and endeavoured to test trial a pilot initiative for the collection of rubbish bins before 8am in the city centre.The initiative began in mid-September and was to run for a month and if successful, plans were to be furnished to run the scheme throughout the city centre. The company believes that it has a viable business plan despite the financial turmoil it faces. Previous articleHuman remains found in John’s SquareNext articleGuitar and saxophone sing from the States admin Twitter Emaillast_img read more

Art, music come together for JCA event today

first_img Sponsored Content While playing with the University of Kentucky Wind Ensemble, Nozny toured China and was a featured soloist. While at the University of Kentucky she also performed on recordings with Pulitzer Prize winning composer Michael Colgrass and folk-music legend Arlo Guthrie.Before moving to Troy, Nozny served as principal flutist of the Bismarck-Mandan Symphony Orchestra from 2009-2012 and was a featured soloist while also teaching at Dickinson State University in North Dakota.“We are excited to have these two highly acclaimed musicians at the Johnson Center tonight,” Pritchett said. “They will entertain us with beautiful music of different styles and in an artistic setting. We invite everyone who enjoys beautiful music and the artistry of outstanding musicians come to downtown Troy, have dinner on the square and then come to the Johnson Center for ‘A Night of Music and Art.’”Admission is $10 and may be paid at the door. Refreshments will be served. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Plans underway for historic Pike County celebration Troy falls to No. 13 Clemson You Might Like Pastors to pray as school begins Pastors from the Troy area will meet with the community at Troy Elementary School today at 5:30 p.m. for a… read more By Jaine Treadwell By The Penny Hoarder Pike County Sheriff’s Office offering community child ID kits “Robby and Rachel are outstanding artists, and ‘A Night of Music and Art’ will provide the community with an opportunity to hear them play together and individually,” Pritchett said. “The Gibson Gallery is an intimate space and a perfect place for ‘A Night of Music and Art.’ The art exhibit features selections from Dr. Doug Hawkins’ collection of works by the Masters. The art and music will blend to make this a very special night at the Johnson Center.”Gibson and Nozny, both faculty members in the John M. Long School of Music at Troy University, formed DuoR2 in Spring 2014.“In addition to performing the standard flute and guitar repertoire, the mission of DuoR2 is to be a versatile and creative ensemble that brings a high level of artistry and musicianship to many styles of music,” Pritchett said. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Remember America’s heroes on Memorial Day Art, music come together for JCA event today Book Nook to reopen Robby Gibson a Troy University professor in the John M. Long School of Music is an accomplished classical guitarist. Latest Stories Published 3:00 am Thursday, August 4, 2016 Before teaching full time at Troy University, Gibson was on faculty at Faulkner University and taught award winning high school and middle school programs for a combined six years. As a performer, Gibson has been a featured artist with several orchestras including the San Antonio Symphony and toured as both a soloist and chamber musician around the United States, Mexico and Italy.He also played in Spain at several venues along the famous Camino De Santiago.As a promoter of new music, Gibson has collaborated with several composers on the creation of new works for the guitar has and performed world premieres of new works by noted composers.Nozny holds a Bachelor of Music degree in Flute Performance from Mercer University and a Masters of Music degree in Flute Performance from the University of Kentucky. She has studied with noted flutists and most recently with world-renowned soloist Carol Wincenc. Rachel Nonzy a Troy University professor in the John M. Long School of Music is an award winning flutist. They will perform individually and as DuoR2 at 7 p.m. at the Johnson Center for the Arts. Everyone is invited. The cost is $10.The Johnson Center for the Arts will present DuoR2 in A Night of Music and Art at 7 p.m. today at the art center in downtown Troy. The community is invited.Robby Gibson, classical guitarist, and Rachel Nozny, flutist, are DuoR2 and they are a dynamic duo, said Vicki Pritchett, JCA executive director. Print Article Email the authorlast_img read more