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

Labour, FG and FF Cllrs accused of delaying Household Charge motions

first_img By News Highland – March 27, 2012 Main Evening News, Sport and Obituaries Tuesday May 25th Twitter Facebook 75 positive cases of Covid confirmed in North Google+ Pinterest Further drop in people receiving PUP in Donegal Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR WhatsAppcenter_img Gardai continue to investigate Kilmacrennan fire 365 additional cases of Covid-19 in Republic WhatsApp Google+ Man arrested on suspicion of drugs and criminal property offences in Derry Labour, FG and FF Cllrs accused of delaying Household Charge motions Newsx Adverts Government parties and Fianna Fail have both been accused of time wasting and delaying tactics in a bid to block emergency motions relating to the Household Charge in the Donegal Council chamber.Sinn Fein Cllr Jack Murray had submitted a special motion that members instruct the County Manager not to use powers given to him in the Household Charge Act to identify non-payers through utility companies.However, when strict standing orders were applied, he was left with less than a minute to move the motion, and was told after the meeting that it had not passed as it had not been put to the members in time.Cllr Murray is accusing other councillors of filibustering, saying his motion was deliberately impeded:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/jack830motion.mp3[/podcast]Cllr John Campbell had tabled a number of questions about the resources being set aside for collecting the charge, but the meeting ended before those questions were answered.He also moved an emergency motion calling on the county manager not to put resources in place to allow council officials go door to door as threatened at the weekend by Minister Phil Hogan, but the motion was deemed illegal.He says he spoke afterwards to the manager, and it’s clear that’s not going to happen:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/johnc830.mp3[/podcast] Previous articleCouncillors at it again with claims of threats in the chamberNext articlePearse Doherty against delaying Household Charge payment deadline News Highland Pinterestlast_img read more

Beachside development a hit with Palm Beach downsizers

first_imgIt’s been less than two months since construction began on Sea Palm Beach, but already its developer BluePoint Property has reported the 13-storey building is 65 per cent sold.High-rise developments can be tricky in some local communities — not so in the Gold Coast suburb of Palm Beach. Thousands fall for tiny home scam Sea Palm Beach.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours ago“They know the site, they know the locational attributes.“They walked in off the street and said they would love to buy one.” It’s been less than two months since construction began on Sea Palm Beach, but already its developer BluePoint Property has reported the 13-storey building is at least 65 per cent sold. MORE: Locals love off-grid opulence The proposed recreation area at Sea Palm Beach.BluePoint’s co-founder and director Marcus Dore said the development worked by ignoring the “common sense’’ of experts and instead tailoring itself to the needs of local downsizers.“The most common buyer is a local person, a local downsizer,” Mr Dore said. The ocean view on offer at Sea Palm Beach.He said the initial planning of the local area made it apparent for the need of dual parking.“It was pretty obvious that carparking is at a premium, and most of the people who we knew were going to buy were downsizing but generally everyone still has two cars.” The proposed street view of Sea Palm Beach.“The irony is that all the people who live on Palm Beach or the southern end of the Gold Coast, a lot of them have gravitated to the ones that face south.” How much would you pay for a shed? An artist’s impression of the kitchen space.Another difference is the views, with apartments facing north or south instead of facing the ocean or the Gold Coast hinterland. RELATED: “When we were originally planning the project, we had all these experts telling us that the north-facing ones would be most popular,” Mr Dore said. >>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<< While Mr Dore said many locals loved Palm Beach for its convenience, with everything from shops to cafes to the beach within walking distance, he said an important point-of-difference for Sea Palm Beach was two parking bays for two-bedroom apartments.last_img read more

Fair Play… GVC Holdings outlines year of wholesale CSR change

first_img StumbleUpon Submit Share Share Related Articles GVC – YGAM’s Parent Hub is a vital tool for honest and open conversations August 4, 2020 GVC hails SportsAid programme developing next generation of British athletes August 7, 2020 EPIC and Whysup ‘continue to make real change’ with partnership renewal August 19, 2020 Virginia McDowell – GVC HoldingsFTSE100 gambling group GVC Holdings has this morning published its 2019 ‘Fair Play – Corporate Social Responsibility Report’ outlining the multiple changes governing the company’s long-term corporate sustainability objectives.In the report’s forward statement, GVC Independent Non-Executive Director Virginia McDowell acknowledges the new responsibilities demands placed on the company which now operates global gaming’s largest online gambling portfolio, employing 25,000 staff worldwide.“GVC’s growth has brought with it a commensurate expansion in the expectations around how we manage our responsibilities towards society, particularly as they relate to safer gambling,” said McDowell.“And let me be clear from the outset: Our ambition is to be the safest and most trusted operator in the world.”As a corporate advisor, McDowell has been charged with leading GVC’s ‘dedicated CSR Committee’ – a governance-level unit which has reviewed all corporate policies ‘covering regulatory compliance, AML, responsible gaming, health and safety, environmental impact, data protection and diversity in the workplace’.Furthermore, as a governance function, the CSR Committee will offer guidance to GVC leaders and stakeholders on social responsibility strategies, oversight, planning and coordination.“Sitting below the Board CSR Committee, the CSR Steering Group consists of functional leaders from across the business, including Investor Relations, HR, Legal, Health, Safety and Security, Operations and Communications,” explained the GVC report.“Convened by our Head of CSR, the Group oversees implementation of the CSR strategy, coordinating delivery across all operating units and central function.”Moving forward, an enlarged GVC Holdings will operate under the mandate of its ‘Fair Play – CSR strategy’ which sets out ‘priorities and activities across the areas where GVC has an impact on society’.GVC states that its new CSR strategy has been developed with ‘a deep understanding of where the industry is heading’, which will see GVC operate an ‘emerging framework’, promoting social responsibility practices across GVC’s current operational and stakeholder value chains.Treating CSR as a corporate discipline, GVC has appointed Grainne Hurst as the FTSE firm’s first Director of Responsible Gambling, supported by former group communications lead Jay Dossetter as Head of CSR.2018 saw GVC launch its ‘Changing for the Bettor’ campaign, setting out the FTSE firm’s ‘seven pillars’ for promoting safe play, fair gambling and better standards.Grainne Hurst – GVC HoldingsThe ‘Changing for the Bettor’ campaign has further seen GVC form strategic collaborations with gambling harm minimisation consultancy EPIC Risk Management (EPIC), in addition to supporting the Harvard Medical School’s ‘Division on Addiction‘ with a $5 million research funding on addiction behaviours, triggers and analyses.“We were very clear when we launched our strategy that it should not remain a static document, but instead would be constantly evolving and adapting as new opportunities and challenges occur,” said Grainne Hurst, Director of Responsible Gambling at GVC Holdings.“We are currently working on a number of projects, including additional treatment provision for gambling-related harm, digital app therapy provisions, the use of AI to help minimise harm and our research partnership with Harvard.“We are determined that responsible gambling is a non-negotiable part of the way we do business, and ‘Changing for the Bettor’ is our considered attempt to lead the way in minimising the risk from gambling-related harm.”A year since the launch of ‘Changing for the Bettor’, GVC governance states that the company is ready to pursue a series of ‘Quantitative commitments’ for future yearsGVC’s ‘Quantitative commitments’ related to safer gambling include:Doubling the amount GVC donates to problem gambling research, education and treatment bodies to 0.2% of UK gross gaming revenue, rising gradually to 1% by 2022 (the equivalent of £20 million).Starting a safer gambling awareness and education programmes for school children through GVC’s partnership with EPIC Risk Management.Developing the firm’s partnership with Harvard Medical School to better understand and reduce the potential for problem gambling behaviour through rigorous research.last_img read more

CONMEBOL awards South American cup championship to Chapecoense

first_imgSouth American soccer’s governing body CONMEBOL awarded the continent’s championship to Brazil’s Chapecoense club after most of the team died in a plane crash in Colombia last week, according to a CONMEBOL statement on Monday.Only six people survived the crash outside Medellin in route to the Copa Sudamericana final, which would have been the biggest game in the club’s history.last_img

Hidco to organise kiteflying competition for senior citizens

first_imgKolkata: Housing Infrastructure Development Corporation (Hidco) is set to organise a unique kite-flying competition on Wednesday, in which senior citizens members of Swapno Bhor and Snehodiya at New Town, will take part.Hidco will give kites, latais and suta to the participants. The competition will start at 3pm and the winning candidate will be given a token prize. The function has created great enthusiasm among the residents of Snehodiya and the members of Swapno Bhor, all of whom are senior citizens. Senior citizens through kite-flying are trying to go back to their young days when kite flying on the Viswakarma Puja day was almost considered to be a must in Kolkata and the districts. Kite-flying in Howrah and Hooghly districts were held on the day of Poush Sankranti. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaIn Kolkata, till the late 1980s, people from different ages took part in kite-flying. In Kalighat, opposite to the house of Chief Minister Mamata Banerjee there was a famous kite-selling shop called Debalaya. Two kite-selling shops in Central Kolkata, the more famous one being Ghuri Ghor on Creek Row, still sells kites but the number of buyers has gone down drastically. The famous kites were named as Mukh Pora, Chandial and Pet Katti etc. Kite-flying was hit badly after old buildings in the city were demolished to make room for high-rise apartments. The owners do not have any access to the roof and from the mid 1990s the number of kites that were seen on the sky fell drastically. It was Wajid Ali Shah, the deposed Nawab of Lucknow who came to Kolkata and settled in Metiabruz introduced kite-flying in Kolkata. He used to fly colourful kites and the papers were imported from Germany. Well-known singers Manna Dey and Mohammad Rafi were also avid lovers of kite-flying.last_img read more