In February 2022, an American litigation investment company called Astraea secured a $3.1 million judgment against Declan Ganley’s Rivada Networks in a New York court. Ten months on, the uncontested debt remained undischarged by the US-based digital communications technology business, according to court filings. Nor is it the only debt ruling in recent years to go against Rivada Networks, the Peter Thiel-backed company with a Galway base. A roughly $3.6 million arbitration ruling was handed down in 2018 and there are unconfirmed claims of a separate $16 million undischarged debt. Astraea is not taking the matter lightly and is putting the…
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