Did the acquisition of global contractor Jones Engineering by the scion to a Texas oil fortune cost an Irish mechanical engineering firm an earn-out fee of €12.5 million? That is the question the Commercial Court is being asked to consider in proceedings brought by Dublin firm Leo Lynch against US investor Cathexis. Cathexis is a single-family group run by William Bruce Harrison, the son of a billionaire oil and ranching baron. It has invested in US real estate, data centre developer Yondr (sold last October to investor DigitalBridge), green energy company Redeux, and London-based construction giant ISG, which collapsed into…
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