Securities offered to Irish investors who pumped more than €100 million into the collapsed Dolphin Trust scheme may have been pooled between two investor groups, the High Court has heard. This “unusual feature of the security” is likely to have a significant bearing on the liquidation of two Irish special purpose vehicles linked to the collapsed German fund, the joint liquidators of one of the companies, Dolphin Mut 116, have claimed. Justice Miriam O’Regan today agreed to wind up the Kildare registered investment SPV following a petition by its members. Ian Barrett and Shane McCarthy of KPMG were confirmed by…
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