Sunday, 3 May 2015
Last updated 2 days ago
Jul 24 2012 | 11:16am ET
A defunct investment firm has sued Hedgeserv for almost €2 million in back rent.
At issue is Hedgeserv's space in the center of Dublin, Ireland. The firm rented two floors at 75 St. Stephen's Green in 2008 with a 25-year lease, agreeing to pay €2.2 million per year.
Late last year, however, the building's owner Shelbourne Development (Europe) defaulted on its debt and went into receivership. And now, the receiver, Grant Thornton's Michael McAteer, has had the €1.9 million rent dispute moved to the Commercial Court.
A hearing is set for Oct. 17.
Hedgeserv founder James Kelly reportedly acted as a guarantor of the lease.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…