Construction companies linked to Cork property developer Michael O’Flynn have scored a major High Court victory in a long-running suit alleging a former employee appropriated confidential information and secretly diverted a business opportunity away from the construction group. In a written judgment spanning 432 pages, Justice Michael Quinn has ordered defendant Patrick Cox to hold the profits of the Gardiner Street student accommodation scheme, totalling €11,333,000, on trust to make payment to the plaintiffs. However, the judge has refused to award aggravated damages to O’Flynn’s side who argued that such an award should be made based on the conduct of…
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