Belated financial statements have just been published for Irish companies handling business for adult websites including PornHub. They provide an update on multiple legal actions.
John Paul Magnier was quizzed in the High Court this afternoon about €50,000 passed to the Barne Estate owners which their counsel claims was to “keep them sweet” on his father's €15m bid for the property.
Joe Fitzpatrick, a solicitor handling the Barne Estate deal for Coolmore, told the High Court he understood a contract to sell to John Magnier was nearly “ready to go” in late August 2023 before the vendors went cold.
The court heard that the difficult phone call spurred John Magnier to drive immediately to the Barne Estate to push for an exclusivity agreement to block out other bids.
Amid claims and counterclaims, now $12 billion-valued Deel alleges its rival Rippling ran a campaign against it using its “Competitive Intelligence Department”. Rippling rejects these claims and says it has the "highest ethical standards."
Counsel for sellers the Thomson Moores claimed this morning that John Magnier's account of what happened on the night he says a deal was struck for a 750-acre estate “doesn't hold water”.
Wealthy American investor Mary Wenning is claiming in the High Court that “very large sums of money” she believed her company was investing in Ireland have gone missing. This is denied by Jeff Leo, who will now be questioned in court on the matter.
Property developer Duignan claims shareholder oppression in a firm he used with Waters to buy the Laurence Shopping Centre in Drogheda. Waters says the claim has no merit and wants the case struck out.
During his second day of cross examination, the former Sinn Féin president was grilled by BBC lawyers on IRA informers and the disappeared. He called Patrick Radden Keefe’s Say Nothing a book “written by a total opportunist”.
BBC Spotlight allegedly relied on a single anonymous source to claim the former Sinn Féin president sanctioned the death of IRA spy Denis Donaldson and should have come with a health warning, Adams's defamation trial hears.
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