Web Summit CEO Paddy Cosgrave disseminated edited audio clips of his co-founder David Kelly in a bid to damage him, the High Court was told.
Web Summit's Paddy Cosgrave's wage package soared from €400k to €3m with another €7m of company money spent on legal fees, it is also alleged in minority oppression proceedings against the CEO.
Former Web Summit director accused of causing the company millions in losses on a VC fund launched shortly after his departure from the company.
The warring Web Summit shareholders have landed in the High Court for a nine week action to fight contesting claims of shareholder oppression and breach of fiduciary duties. Lawyers for the company and CEO Paddy Cosgrave got the ball rolling.
The group majority-owned by Paddy Cosgrave swung from profit to loss in the year he had to resign temporarily as executive director following a clash with customers over the war in Gaza.
A company offering data-centric litigation services, including eDiscovery, has filed a summary summons against Manders Terrace, the company behind the tech conference group Web Summit.
Love it or hate it, a media outlet like The Ditch is removing one of the key conditions for corruption: the opportunity to get away with it.
In a series of emails , minority Web Summit shareholders Daire Hickey and David Kelly complained to the board that they were being kept out of the loop after Cosgrave's controversial departure, and the ex-CEO appeared to be still "calling the shots".
The chief executive of Web Summit is continuing her PR offensive and marking a new era of leadership for the company in an interview with the Masters of Scale podcast.
Web Summit shareholder Daire Hickey alleges his interests have been further damaged by clients and speakers disassociating themselves from last week's Lisbon event. Hickey also takes aim at coverage of the conflict by The Ditch, the media outlet funded by the company during Cosgrave's tenure as CEO.
© 2025 Currency Media Limited