Adjudication fees: Paying your dues

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No plans to float in Irwin Mitchell strategy for 2016

first_imgNational firm Irwin Mitchell has vowed to continue growing in 2016 but appears to have backed away from plans to float on the stock exchange.The Irwin Mitchell Holdings Limited group’s accounts show profit before tax increased 6% in 2014/15 to £18.1m.Group revenues also increased by 4% to £211m for the year, which ended on 30 April 2015.The company has been strongly linked with a listing on the stock market for several years, and it is understood this is still an option being considered for the future.But the annual report makes no mention of an IPO despite outlining plans to expand further this year.‘The directors plan to grow all areas of the business during FY16 through a combination of further recruitment, investment in the Irwin Mitchell brand, organic growth and further M&A activity as opportunities allow.’Despite it being an option since the Legal Services Act was enacted, Gateley is the only existing UK law firm to have opted to float on the stock exchange. The likes of Simpson Millar and NewLaw have joined listed groups as subsidiaries, while Slater and Gordon is listed on the Australian stock market.During 2014/15, Irwin Mitchell agreed with insurer esure to establish a subsidiary business, IMe Law, and extended its interests with the acquisition of private wealth specialist Berkeley Law Limited in a deal worth around £8m. Since April 2015, the company has also acquired the commercial debt recovery operations of P&A Receivables Services and top-100 firm Thomas Eggar.The accounts outline that income increases reflected growth in the complex personal injury and business legal services divisions, and were in part offset by a further decline in volume PI revenues.In order to ensure sufficient funds for ongoing operations and future developments, the group negotiated a four-year borrowing arrangement running until March 2018 comprising a £45m revolving credit facility and a £15m overdraft.By April 2015, the group had debts totalling £227m (up from £188m in April 2014) and owed £167m to creditors within one year (up from £143m in 2014).Staff numbers increased from 1,256 to 1,351. Directors’ remuneration fell from £3.23m to £2.84m, with the highest-paid director seeing their remuneration fall from £1.2m to £849,000.last_img read more

Robert Splaine announces Squad for Hickstead Nations Cup

first_img 27 July 2016, 20:13 Robert Splaine announces Squad for Hickstead Nations Cup ENDS The squad in alphabetical order is:Bertram Allen & Molly Malone owned by Ballywalter FarmsShane Breen & Golden Hawk owned by P. Sultan & Breen Equestrian Ltd. & Shane BreenAnthony Condon & Aristio owned Anthony Condon and John HalesPaul Kennedy & Carton Danger Mouse owned by Jane KennedyBilly Twomey & Diaghilev owned by Mr C T Payne Tags:center_img Home  »  Featured News  »  Robert Splaine announces Squad for Hickstead Nations Cup Hickstead CSIO 5* is part of Furusiyya Nations Cup League in which Ireland currently lies in second place, however Ireland will not be competing for points at this event. After Ireland’s runner up position at Dublin Horse Show last Friday, Ireland has guaranteed its place in the Furusiyya Nations Cup final in Barcelona in September and have also confirmed their position among the top tier of World  Show Jumping again for 2017 Horse Sport Ireland’s High Performance Manager, Robert Splaine, has announced the squad that will represent Ireland at the British Nations Cup that takes place on Friday 29th July at 14.15GMT. Splaine will name the team of four from the squad of five tomorrow (Thursday) evening.last_img read more

Luinenburg rules at Arlington

first_imgARLINGTON, Minn. (July 30) – Defending national champion Justin Luinenburg showed the way to the finish line in Saturday’s Premier Logistics IMCA Hobby Stock feature at Arlington Raceway.Twenty-two cars comprised the starting field. At the drop of the green flag unlucky 13th starting Ben Peterson got sideways and hit the front wall, then got air and rode the wall until it ended and landed sideways. His car was in tough shape as he departed on the hook.When the race was restarted, Corey Schultz took the lead ahead of Shawn Harms. Luinenburg, who started 10th, used a restart to his advantage and dove in front of Schultz to take the lead and remain in front the next five laps to win the race.Schultz held onto second as Corey Probst took third ahead of Shawn Harms.Tyler Limoges topped the MN93 IMCA Modifieds and Trevor Serbus scored the 95.7 The Rock IMCA RaceSaver Sprint Car checkers.Another defending national champ, Nate Coopman, was the Coors Light IMCA Sport Compact winner.Brent Uecker was the B & B Racing Chassis IMCA Sunoco Stock Car winner. Jeff Lloyd won his second consecutive feature in the Unhinged Pizza IMCA Northern SportMod division.There were 125 cars signed in for Vetter Sales & Service Night.last_img read more

Termon squeeze past Gaeil Fhánada into semi-finals after defensive struggle

first_imgTERMON scraped their way past Gaeil Fhánada and into the semi-finals of the Under-21 ‘B’ Championship. Termon 0-6 Gaeil Fhánada 0-5By Chris McNulty at The Burn Road Enda McCormick kicked a free two minutes into added time at the end for what proved the winning point of a very defensive game on a crisp afternoon at the Burn Road.Gaeil Fhánada had two chances on the buzzer to force extra time, but frees by Eoghan Carr and Mark McAteer – kicked in a testing breeze – both dropped short.Termon registered 13 wides over a wasteful hour, seven of them in the first half, when an Eoin Doherty free edged them ahead 0-4 to 0-3 at the short whistle.Both teams scored just twice in the second half, with Gaeil Fhánada looking to have bagged a goal in the 42nd minute. It seemed that Eoghan Carr’s enterprising lob had dropped over Emmet Maguire and into the net. Most in attendance, including the Termon mentors, thought the goal had stood until the scoreboard was changed a few moments later, with the score instead going down as a point.McAteer hit another immediately and it had the visitors – who packed their defensive unit with bodies behind the ball at all times – 0-5 to 0-4 in front.Ryan McFadden won the throw-up and put Termon ahead with only nine seconds on the watch and a big effort by James McSharry doubled the lead.Gaeil Fhánada stayed in touch with McAteer and Bernard McGettigan landing frees, but Jamie Grant and a Doherty free, won by Grant after a surging run, gave Termon a slender lead at the change over.Gaeil Fhánada carved the hosts open ten minutes into the second half, with Fergus Friel and McAteer to the fore, but a superb saving intervention by Conor Cassidy averted the danger. Barry Gallagher, the Termon full-back picked up the loose ball and launched a counter-attack. Termon powered to the other end with Stephen Black and McSharry creating a goal chance for Doherty, but he fired wide under pressure.Carr looked to have deceived Termon ‘keeper Emmet Maguire for a goal, but they had to settle for a point. It was all square heading into the last quarter as Stephen Black levelled things up on 45 minutes with Termon’s first score of part two.In an error-ridden conclusion, McCormick popped over and Termon squeezed into the last four.  Termon: Emmet Maguire; Caolan Gallagher, Barry Gallagher, Conor Cassidy; Conor Black, Oisin Cassidy, Jamie Grant (0-1); Ryan McFadden (0-1), James McSharry (0-1); Steve McDaid, Enda McCormick (0-1f), Anthony Grant; Stephen Black (0-1), Eoin Doherty (0-1f), Shane Doherty. Subs: Jack Alcorn for McDaid (36), Ciaran Black for S.Black (50), Mark Gallagher for E.Doherty (50).Gaeil Fhánada: Eoin McGonigle; Sean Gallagher, James Gallagher, Bernard Martin; Fergus Friel, Odhrán Shields, Matthew Gallagher; Oisin McFadden, Patrick Carr; Bernard McGettigan (0-1), Darren McElwaine, Mark McAteer (0-3, 2f); John Carr, Eoghan Carr (0-1), Alan McAteer. Referee: Robbie O’Donnell (Naomh Muire).Termon squeeze past Gaeil Fhánada into semi-finals after defensive struggle was last modified: October 26th, 2019 by Chris McNultyShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Bernard McGettiganDarren McElwaineEnda McCormickGaeil FhanadaJames McSharryMark McAteerRyan McFaddenSteve McDaidTermonlast_img read more