Debt for equity

Category: Legal & Finance by Online Staff

Ciarán Lynch TD
DEBT-FOR-EQUITY
ARRANGEMENTS SHOULD
BE CONSIDERED IN
TACKLING MORTGAGE
CRISIS
The increasing mortgage crisis means that we need the immediate
creation of an agency with legal powers to review each problem
mortgage on a case by case basis and impose solutions on the banks
such as a debt for equity arrangements.
A national debt management agency should to be fast-tracked
through the Dáil to [...]

Fairness in relation to Minimum Wage

Category: Legal & Finance by Online Staff

Speaking following the cutting of the minimum wage Fine Gael Senator Jerry Buttimer said the issue of the cut in minimum wage must be reversed.
“The lowest paid people in society are facing severe hardship because of the €1 cut in the hourly rate of the minimum wage, and the imposition of an unfair Universal Social [...]

Back-to-school financial burden

Category: Legal & Finance by Online Staff

With more and more and more people now out of work and many
others on reduced incomes the crippling costs faced by families as
children return to school over the coming days will place unprecedented
pressure on many families.
Labour has previously published the findings of research indicating that
it can cost as much as €1200 per child to cover [...]

World’s biggest motoring fine

Category: Legal & Finance by Online Staff

A speeding Swedish driver is facing the world’s biggest motoring fine yet of €650 000 after being clocked at 290km/h while driving through Switzerland.
The 37-year-old man’s Mercedes SLS AMG was impounded along with his driving licence after soaring along at two and a half times the speed limit on a Swiss freeway.
A police spokesman said: [...]

Wills, property and disputes.

Category: Legal & Finance by Online Staff

By David Williams B.Comm, Dip.Com.Law, Solicitor”
It is surprising the high proportion of people who die every year without having made a will, or intestate, to use the legal term. When I suggest to a client that they should make a will, I am often told, “But if I die, my wife will get everything – [...]

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