Articles Archives - Peter Boyle & Co. Solicitors

SCARP advisor to Bio-Marine seeks to lift Cantor loan note charge on firm’s assets

Andrew Boyle — Sat, 16 Dec 2023 12:32:28 +0000

We are advising the Process Advisor on the largest SCARP before the Irish courts so far. It is the first time an application pursuant to section 558ZV(1) of the Companies Act 2014 has been made to dispose of secured assets in order to save the company.

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€66m transferred out of Huawen Foundation Limited (owners of the Nuremore Hotel & Country Club) to affiliated entities, High Court is told

Matt O'Connor — Thu, 20 Apr 2023 15:40:04 +0000

We look forward to assisting the court-appointed liquidator, Declan De Lacy in investigating the affairs of Huawen Foundation Limited and fully utilising the powers afforded to a liquidator by the Companies Acts of 2014.

According to our client’s provisional liquidators report to the High Court, approximately €66 million was transferred out of the Huawen Foundation Limited (which owns the Nuremore Hotel & Country Club) to affiliated entities.

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Irish firm TechAds Media now allegedly “blacklisted” by its commercial partners

Matt O'Connor — Mon, 06 Feb 2023 16:48:38 +0000

TechAds Media, an Irish company, was producing over €20 million in profits. It is being sued for $1.9 million by creditors and is also suing one of its own former directors because it has reportedly been “blacklisted” by its business partners. The stance of First Click and V Media, as presented in several documents filed with the courts by their solicitors Peter Boyle & Co.

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Liquidator wants to make two jailed for fraud liable for forestry firm’s €3.8m debts

Matt O'Connor — Tue, 01 Nov 2022 15:00:51 +0000

We are very happy to see one of our important cases mentioned in a recent Irish Times article!

We are representing liquidator Declan De Lacy as he seeks to have the two directors of Arden Forestry Management Limited (In Liquidation) (FM) found guilty of fraudulent trading and made personally liable for the company’s debts of €3.8M

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High Court appoints inspector to investigate Christmas tree firm

Matt O'Connor — Tue, 19 Jul 2022 15:29:39 +0000

As you may have seen in the news, the application by Peter Boyle & Co. Solicitors to appoint an Inspector to WFS Forestry was successful.

This is the first ever successful application by a creditor to appoint a High Court Inspector to an Irish company under section 747 of the Companies Act and we are delighted and proud to have been involved in the development of the law in this area.

View Judgement »

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Dublin firm secures freezing order over alleged failure to supply 1m facemasks

Matt O'Connor — Wed, 08 Jun 2022 16:08:55 +0000

A Dublin-based clothing supplier has secured a High Court order preventing a Dutch company reducing its assets below €250,000 as a result of its alleged failure to supply one million protective facemasks.

Uniformal Ltd secured various orders, including a mareva injunction, or freezing order, against Taurus Gemini Real Estate BV, known as the Gemini Group, based in Bergen in the Netherlands.

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Tax adviser claims the Google ad ban will destroy his business

Matt O'Connor — Sat, 04 Jun 2022 11:02:55 +0000

Gary O’Brien, the owner of My Tax Refund, is seeking an injunction to allow his firm to buy advertising on the platform, on which he had already spent €350,000. The ad ban relates to a change in Google’s policy in 2020, which banned ads from companies offering services that can be obtained directly from the state.

The legal team for O’Brien were in the High Court last week seeking an injunction directing Google to allow My Tax Refund to advertise the services it provides with Google Ads. Barrister Arthur Cunningham, instructed by Peter Boyle and Co Solicitors, told the court that if the injunction was unsuccessful, it was “very unlikely” that the company would be able to trade “beyond the summer”.

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How a self-proclaimed property mogul was disqualified for 15 years

Matt O'Connor — Tue, 31 May 2022 10:57:19 +0000

Lukasz Salamandra, a self-proclaimed property mogul, was disqualified for 15 years. Salamandra claimed his Athboy company owned millions in real estate assets. In fact, it owned nothing. The convicted fraudster is now prohibited from serving as a company director for 15 years.

Precedent for directorship disqualification is usually capped out at a 10-year ban, which is reserved for only the most egregious cases. Yet Cunningham made the eventually successful plea for a 15-year prohibition due in part to Salamandra’s history.

Judge Quinn agreed with Barrister Cunningham’s case for an extended disqualification, approving the 15-year duration, and later ruled that Salamandra was liable for the applicant’s legal costs.

Peter Boyle and Co Solicitors are delighted to be part of such a historic verdict. Fifteen years is one of the longest disqualifications ever given to a director in the history of the state.

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Fraud fears prompt bid to have inspector appointed to Christmas tree growing business

Matt O'Connor — Tue, 10 May 2022 09:30:19 +0000

The High Court heard that investors who gave hundreds of thousands of euros to a Christmas tree planting enterprise fear they were defrauded. Following queries on behalf of several investors, Mr Justice Michael Quinn heard that places, where Christmas trees were meant to be planted, had no trees, and WFS had no interest in the lands concerned. Mr Kearney’s counsel, instructed by Peter Boyle & Co Solicitors, said the alleged issues bringing rise to the application are “significant” and there is a public interest in appointing an inspector.

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Why a liquidator is pursuing a convicted fraudster over an alleged luxury property scam

Matt O'Connor — Wed, 13 Apr 2022 09:24:05 +0000

Lukasz Salamander claimed his Meath-based international property investment firm would deliver an 8% return. However, it quickly collapsed, and he is now in Spain. However, based on evidence discovered, a court appointed liquidator is seeking to censure the convicted fraudster.

When we at Peter Boyle Solicitors began investigating Lux Estate Capital Group after being contacted by a disgruntled investor, we quickly realised that Lukasz Salamander was not his real name, and in his native Poland, he was known as Lukasz Salamandra.
Under that name, he had been found guilty of fraud and fined by the Polish authorities.

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