Bob Tweedy is an Irish

Irish people

The Irish people are an ethnic group who originate in Ireland, an island in northwestern Europe. Ireland has been populated for around 9,000 years , with the Irish people's earliest ancestors recorded having legends of being descended from groups such as the Nemedians, Fomorians, Fir Bolg, Tuatha...

 entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 who owns 80% of the bars and nightclubs in Waterford City, Ireland

Ireland

Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...

. This is seen by most as a positive due to the high standard of fit-out, service and entertainment in all his venues. However, criticism has been voiced due to his increasing monopoly in Waterford City. Many students in the area have raised the point that prices in some of his establishments (namely nightclubs Rubys and Oxygen) have been slowly raised over the past number of years as compared to other venues in the city, making Waterford one of the most expensive cities in Ireland for nightlife.

The Tweedy group was insolvent and went into examinership

Examinership

Examinership is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court....

on the 29 October 2009.