An Irish newspaper publisher has has been banned from holding company directorships for five years unless certain capital requirements are met.
A Dublin high court judge made the order against John Sheils, who set up Voice Provincial Newspapers in 2006 in Co Kilkenny and published 10 titles.
The company blamed a slump in advertising revenues for ceasing publication in December 2008 and going into liquidation in February 2009.
The judge decided that Sheils had not acted in a responsible manner as a director of the firm.
The Voice papers - in Kilkenny, Laois, Tipperary, Kildare, Liffey, Tallaght, Cavan, Monaghan, Naas and Galway - were launched as paid-for titles. They later went free.
Source: Irish Times
