Larry Goodman

Only hope of project being revived is via successful application for judicial review of Minister’s decision

Judge told petitioner has a ‘fairly deep pocket’ to potentially fund Barryroe’s future activities

Company is running out of cash and had been seeking fresh funding

Oil explorer had been seeking to raise fresh funds from major shareholders before a planned extraordinary general meeting on Monday aimed at putting the company into liquidation

Department of the Environment has previously noted that ‘extensive engagement’ occurred ‘over several years’

Firm and largest shareholders weighing pursuit of judicial review after Minister’s refusal of permit for Barryroe prospect

Barryroe Offshore Energy investors only have weeks to decide whether to fund the company to pursue a legal case against the Minister after he pulled plug on its key oil and gas prospect

Company says it will continue to pursue funding solutions up to date of EGM as it suspends trading in shares

Rival ABP Food Group has separately acquired two meatpacking sites in Scotland

Brothers sold stake in Slaney Foods for a reported €250 million in 2016

Minister did not grant permit to progress work on gas and oil field off Cork coast

Business Today: the best news, analysis and comment from The Irish Times business desk

Businessman already committed to €40m backstop to cover next phase of development at prospect

Shares in Barryroe Offshore Energy plunge 49% while minority partner in oil project off Cork coast, Lansdown Oil & Gas, slumps 53%

Funds being raised in addition to €40m convertible loan-note arrangement with investors led by Larry Goodman

Vevan Unlimited has reached accord on sub-allocation of portion of loan notes with certain shareholders

Family-owned group reports €1.2m pretax loss after costs associated with landlord row

Revenues increase by 75% at Wexford Beef & Lamb over 18 months

Major shareholders in oil explorer are in talks to cover some of the €40 million funding Larry Goodman has committed to company

Previous application for a mixed-use scheme was rejected

Revenues at the hospital owned by Larry Goodman family trust surged 21.5% compared to 2020, when hospital given over to public health provision for three months due to Covid

Beef baron’s financial lifeline could yet see him own over 75% of the company and sets up a battle of wills with Minister Eamon Ryan

Beef magnet has built up a stake of more than 16% in oil and gas explorer

Beef empire’s ‘aggressive tax avoidance’ is revealed in filings seen by The Irish Times

Market Beat: Businessman has raised his holding in Barryroe-owner Providence to 16.1%

Businessman doubles his interest in oil and gas explorer over past week

Row arises from plans for a €150m redevelopment of Setanta Centre in Dublin

Former head of corporate finance with stockbroker takes charge of team of 30

Urban Life project attracted strong local opposition

Move puts order over the long-term direction of the Goodman family’s interests

Dan Creedon replaces Niall O’Sullivan, who is joining Blackrock Healthcare Group

Companies behind Blackrock, Hermitage and Galway clinics saw profits drop in 2020

TDs question researchers on impact of carbon tax increases on households

Dáil hears claim ‘no substantive progress’ made but meeting with landlord planned

‘Dad had a lot of professional highs and lows in his life’

Dáil’s bovine emissions out of control and not expected to plateau any decade soon

Former taoiseach will become non-executive director of PR and lobbying firm next month

Big Four accounting firm rules out move to city’s docklands or remaining on at Stokes Place

‘Big Four’ accounting and advisory giant seeks space for 2,500 workers in the city

HSE to be allocated up to 30% of capacity in private hospitals during current surge