Cosgrave could be forced into arbitration by a US court
A US court has been asked to force Paddy Cosgrave into arbitration, according to documents filed by lawyers for a Web Summit co-founder and a fund manager, according to a Business Post report. Documents filed on behalf of David Kelly and Patrick Murphy last week in superior courts in San Francisco indicated that Cosgrave had previously agreed to arbitrate the disputes and was therefore barred from arguing his claims. The case concerns a lawsuit brought in California by Manders Terrace, the operator of Web Summit and the company of which Mr. Cosgrave is founder and CEO, against Mr. Kelly and Mr. Murphy. Manders Terrace accuses the two of having “secretly” created an investment fund which he claims benefited from his association with the success of the Web Summit, but from which he and Mr. Cosgrave were excluded. He claims in court documents that a plan was “hatched” by Mr. Kelly and Mr. Murphy to establish a fund that “inappropriately usurped the brand, resources and assets of Web Summit”.
Row explodes over plan to control ‘Irish whiskey’ label in US
A dispute has arisen in the Irish whiskey industry over who should hold the right to certify the industry’s products as legitimate in the United States. The Sunday Independent has learned that whiskey producer West Cork Distillers has challenged an attempt by the Irish Whiskey Association, the industry’s largest lobby group, to obtain a certification mark in the United States covering Irish whiskey. She requested an extension of time to oppose the certification mark application, which was granted until January 2022.
Sing Street maker John Carney buys Mary Robinson’s former home for € 4.4m
Once and Sing Street writer and director John Carney has bought Mary Robinson’s former period home on Sandford Terrace in Ranelagh, Dublin for € 4.44 million, according to the Sunday Times. Carney, who recently directed Amazon Prime’s second series Modern Love, an anthology of love stories based on a New York Times column, and has directed episodes starring stars such as Kit Harington, Sophie Okonedo and Minnie Driver, moved into the Georgian property with her partner, actress Marcella Plunkett, and their son. They lived in another period house in Ranelagh.
Beverage industry wants tax deduction on unpaid bills amid fears of further pub closures
The beverage industry is pushing the government for a tax deduction on unpaid bills over fears of a wave of pub closures, the Business Post reports. It comes at a time when publicans fear their premises may be ordered to close again if the number of Covid-19 infections continues to rise. The beverage industry fears there will be more pub closures, which will leave it with more unpaid bills for the alcohol supplied. Drinks Ireland, part of the Ibec employers’ group, has lobbied ministers and senior officials for a tax deduction on alcohol excise duties if pubs don’t pay them.