The High Court has refused an application to strike out Belfast-based property developer Patrick Kearney damages suit against former employees at Davy. The businessman is suing the stockbroker and 16 former staff members, including high-ranking former executives like Kyran McLaughlin and Tony Garry, over a court settlement that followed the €5.3 million sale of his Anglo Irish Bank bonds to a consortium of Davy staff in 2014. Kearney wants to set aside the February 2016 settlement claiming he was induced to enter the agreement on foot of a fraudulent misrepresentation during the negotiations. This is disputed by the defendants.  The individuals…

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .