John Joy
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September 2019
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MORE THAN 130 jobs are at risk following the appointment by the High Court of a provisional liquidator to a Co Tipperary based pharmaceutical manufacturing company.
Suir Pharma Ireland Ltd, which is located at Waterford Road in Clonmel, and has been making generic medicines for approximately 40 years in the town, is insolvent and is to be wound up. At the High Court on today the company cited losses of €4.9m during the 15 months before March 2015, and a large drop in sales in the US market late last year, for its difficulties. It projects further losses in both 2016 and 2017. Read More
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Emergency legislation to provide for the activation of suspended sentences is likely to be presented within two weeks after the relevant sections of the Criminal Justice Act 2006 were struck down.
The High Court last month found that the provisions are unconstitutional because they allow for significantly different treatment of people before the law in relation to their rights of appeal. Making final orders in the case, Mr Justice Michael Moriarty yesterday struck down sections 99.9 and 99.10 of the Act. Attorney General Máire Whelan failed in an application for the judge to stop short of striking down the law. Read More |