A Dublin-based net advertising and marketing agency owes some $1.8 million (€1.7 million) to 2 corporations to which it outsourced a few of its companies, it has been claimed in Industrial Court docket proceedings.
V Media Doo, a Montenegro agency, and First Click on Advertising Operations Administration Ltd, which is registered in Abu Dhabi, UAE – each based by Veselin Terzic who is predicated in Montenegro and the UAE – are suing TechAds Media Ltd, of the Black Church, St Mary’s Lane, Dublin.
The 2 corporations say they’re owed the cash for companies supplied to TechAds beneath agreements made in February final 12 months.
TechAds supplies net site visitors to sure web platform suppliers or “companions” of TechAds. It engaged sure events, together with V Media and First Click on, to offer site visitors to its companions as a way to assist them develop promoting income.
Investigation
Invoices for sums totalling $1.8 million had been raised, however final June TechAds suggested the monies had been on maintain pending an investigation. It was claimed the investigation was into doable “breaches of restrictions” by the plaintiff firms.
Peter Boyle, solicitor for the 2 plaintiff corporations, stated in an affidavit no particulars of the purported investigation had been supplied by TechAds regardless of requests to the corporate to take action. TechAds later terminated the settlement with the 2 firms over what it claimed was their failure to remedy the alleged breaches.
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Mr Boyle stated it was not doable to remedy any breaches with out these breaches being recognized by the defendant.
On Monday, the plaintiff firms utilized to Mr Justice Denis McDonald to have the case admitted to the quick monitor Industrial Court docket.
The decide, who was instructed there was no objection to admission to the quick monitor court docket and that they could be a counterclaim by TechAds, entered the case into the business listing and adjourned it to Could.