The former directors of an Irish firm linked to the collapsed German Property Group (GPG) are being sued for alleged reckless trading after Irish pension investors were left €100 million out of pocket. The High Court action has been brought by the joint liquidators of the Kildare-based company Dolphin Mut 116 following an extensive investigation showing GPG was in financial difficulty for a number of years before its demise in 2019 and that the directors of the Irish firm continued to lend it money despite being aware there was no loan security in place over property in Germany. The Commercial…

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