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Firm in battle over €1.9m rent

AN investment company is in dispute with a receiver over around €1.9m it allegedly owes in arrears for rent of two floors of a building at St Stephen's Green, the Commercial Court heard.

In 2008, Shelbourne Development (Europe) Ltd (in receivership) rented the first and second floors of number 75 Stephen's Green to international hedge fund company Hedgeserv Ltd.

On December 8 last year, Michael McAteer was appointed receiver over Shelbourne after the property investment company defaulted on loans to Bank of Scotland (Ireland) Ltd.

Mr Justice Peter Kelly transferred the matter to the Commercial Court and adjourned it until October 17.



Author Mahy dies of cancer

Children's author Margaret Mahy, who wrote more than 120 books, has died of cancer aged 76.

Mahy's best-known books include A Lion in the Meadow, The Man Whose Mother Was A Pirate and Bubble Trouble.

The New Zealander won the Carnegie Medal for outstanding children's writing twice and in 2006 won the Hans Christian Andersen Award for her lifetime contribution to children's literature.



Child migrants killed in crash

TEXAS authorities are trying to identify 14 immigrants who were killed when a pickup truck crashed into trees.

The victims -- men, women and children -- were carrying toothbrushes, toothpaste and changes of socks and underwear but no identification.

The truck was carrying immigrants from Mexico, Honduras and Guatemala.



College pays



for sex scandal

The governing body of US college sports has wiped away 14 years of Penn State football victories and imposed massive fines and penalties for a child sex abuse scandal.

The National Collegiate Athletic Association's sanctions include the loss of all college victories from 1998-2011.

It also imposed fines of $60m after Jerry Sandusky, a former assistant coach, was found guilty of sexually abusing young boys.