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Examiner of high profile Galway businesses allowed enter into investor agreement

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Galway Bay fm newsroom – The High Court has granted orders permitting the examiner of seven companies controlled by Galway businessman Gerry Barrett to enter into an agreement with an investor.
The court has granted insolvency practitioner Neil Hughes powers under provisions of the 2014 Companies Act to enter into an agreement with an investor called Waltzfire Ltd.
Neil Hughes sought the order because the directors of the companies would not sign documents that would allow the investment agreement with Waltzfire to be executed.
The unsuccessful bidder was a company called Besomhill Ltd which the court heard is controlled by Gerry Barrett.
Funds from the investment are to be used as part of the examiner’s scheme of arrangement with the company’s creditors.
The Judge said she was also accepting an undertaking from the examiner not to sign the investment agreement until midday today.
Last month Mr Hughes was confirmed as examiner to firms connected to the G Hotel, the Meyrick Hotel, apartments, a retail park and the Eye Cinema in the city.

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Works to get underway on major extension at Craughwell National School

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Galway bay FM Newsroom – Works are to get underway on a major extension at Craughwell National School in the coming weeks.

Galway East Deputy Ciaran Cannon says a contractor has now been approved for the project, which is expected to take around 12 months to complete.

The works will consist of a two storey, eight classroom extension, as well as the refurbishment of the existing school building.

Fine Gael Deputy Cannon says the project will be transformative for the school, which has seen a significant increase in enrollment over the last ten years.

Deputy Cannon says the contractor should be moving on site over the school summer holidays.

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Contractor to be appointed to Clifden Flood Defence Scheme

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Galway Bay FM Newsroom – A contractor is to be appointed to the long-awaited Clifden Flood Defence Scheme in the coming weeks.

The matter arose at this week’s meeting of the Connemara municipal district, where a council engineer outlined a timeline for the project.

With a contractor set to be selected this month, the first stage will then be scheme assessment, development and design.

This is expected to last until the first quarter of 2022, and will include public consultations.

Thereafter will follow a number of stages including planning, detailed design and procurement, before the project finally moves to construction.

Under the current timeline, it’s estimated that the flood relief scheme will be fully delivered by 2025.

It was indicated that it is unlikely that short-term measures would be viable, as they would take considerable time to deliver and would impact on the overall long-term solution.

Councillor Eileen Mannion welcomed the timelines but expressed concern over what could happen in the meantime if there’s another flooding event.

Councillor Mannion says with the final scheme still a few years away, people in Clifden are very worried about potential flooding.

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Gardai appeal for information following damage to boat at Oughterard Pier

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Galway Bay FM Newsroom – Gardai in Oughterard are appealing for information after a boat was damaged in Oughterard last month.

Significant damage was caused to the rear of the boat while it was moored at Oughterard Pier and Gardaí believe the damage was caused by another vessel, or pleasure craft.

The incident is believed to have happened on a date between the 12th and 17th of May.

Gardaí are interested in speaking with anyone who may have been in the vicinity of the pier on these dates and who may be able to assist them with their enquiries.

In particular they are anxious to talk to anyone who may have witnessed a collision with this boat or who may have video footage, including dash cam footage, of this location covering the dates in question.

Anyone with information is asked to make contact with Garda Peter Naughton at Oughterard Garda Station on (091) 557320 or the Garda Confidential Line 1800 666 111.

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