“There have been developments since the matter was before the court in July,” counsel told Justice Micheál O’Connell. That was arguably an understatement. Six years after the collapse of Dolphin Trust, a German property scheme that scorched Irish investors for around €100 million, barrister Úna Nesdale could reveal a potential breakthrough in the case. A former senior employee of RE Administration, a now-dissolved Irish company that distributed the investment product, had handed over a USB stick as part of a settlement of legal claims against him. RE Administration and its former directors Cormac Smith and Marc Reilly are being sued…

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