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EHGO Confirms Resolution of Dispute With Iconic Labs
April 16, 2021 GMT
LUXEMBOURG--(BUSINESS WIRE)--Apr 16, 2021--
European High Growth Opportunities Securitization Fund (“EHGO”), an institutional investment company based in Luxembourg, has welcomed the appointment of new management and board members announced by Iconic Labs Plc (“Iconic”). EGHO confirms that its dispute with Iconic, which pre-dated the current management, has now been resolved and the legal proceedings by EHGO against Iconic have been concluded.
Iconic recently announced Brad Taylor as its new CEO. Mr Taylor was previously general counsel and member of the executive committee at Orco Property Group. Iconic had earlier announced that three new non-executive directors had also been appointed to its board. These are Brendan O’Mahony, a certified accountant and previous partner at EY’s business in Poland; Willem van der Meer, partner at Ott Ventures, the Cyprus-based arm of diversified European family office and investment company Ott Partners; and David Štybr, CEO of a Prague-based family office.