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Debts unpaid after tickets.ie goes into liquidation, say clients

Organisers behind the Rory Gallagher Festival, Rockathon, Cowboys and Heroes, and the Liberty Music Festival have expressed shock and dismay at the unforeseen liquidation of Ireland’s second biggest ticket-selling platform, tickets.ie  Despite the upset, the organisers of Liberty Music Festival Thurlas have vowed that the event will go ahead as planned this year.  Speaking to…

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Budget support program for Ukrzaliznytsia opens door to discussing company’s debt restructuring – minister

The government’s decision to introduce a public service obligation for passenger transportation and to provide budgetary funding to Ukrzaliznytsia for this purpose-which is analogous to the European Public Service Obligation (PSO) model – enables negotiations on restructuring the company’s debt, which missed an interest payment on its Eurobonds in January, according to Finance Minister Serhiy…