Persona is seeking damages over the awarding of a lucrative mobile phone licence nearly 30 years ago. A New York fund with “a strong focus on litigation-related investments” has now taken an equity position in the company behind the action.
The Supreme Court has refused leave for an appeal brought by businessman Denis O’Brien over new pleadings against him in the row over the award of the country’s second mobile phone license to the Esat Digifone consortium in 1996.
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