Davy sued by developer on other side of controversial Anglo bond deal irishtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishtimes.com Daily Mail and Mail on Sunday newspapers.
Developer in Anglo bond deal suing Davy and 16 former employees Patrick Kearney lawsuit comes at sensitive time as suitors bid for stockbroking firm
Wed, Apr 28, 2021, 14:16
Belfast property developer Patrick Kearney has launched a lawsuit against Davy and the group of 16 former employees who were on the other side of a 2014 bond deal with the businessman that was at that heart of a Central Bank fine and rebuke last month.
The development comes at a sensitive time. Initial bids for the stockbroking and wealth management firm are being called before close of business on Friday.
High Court filings submitted on Tuesday show that Mr Kearney and his Kilmona Holdings company have sued both Davy, the firm, and the so-called O’Connell Partnership, comprising the 16 former employees, including top executives, who were involved in the controversial trade of junior bonds in failed lender Anglo Irish Bank.
Developer in Anglo bond deal suing Davy and 16 former employees Patrick Kearney lawsuit comes at sensitive time as suitors bid for stockbroking firm
about 7 hours ago
Belfast property developer Patrick Kearney has launched a lawsuit against Davy and the group of 16 former employees who were on the other side of a 2014 bond deal with the businessman that was at that heart of a Central Bank fine and rebuke last month.
The development comes at a sensitive time. Initial bids for the stockbroking and wealth management firm are being called before close of business on Friday.
High Court filings submitted on Tuesday show that Mr Kearney and his Kilmona Holdings company have sued both Davy, the firm, and the so-called O’Connell Partnership, comprising the 16 former employees, including top executives, who were involved in the controversial trade of junior bonds in failed lender Anglo Irish Bank.
Davy chief hires former AIB colleague to help rebuild trust irishtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishtimes.com Daily Mail and Mail on Sunday newspapers.