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Shareholder in Davy Hickey Properties linked firm fails to get injunction
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Shareholder in firm linked to Davy Hickey Properties fails to get injunction
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Davy Hickey mismanagement claim grotesque and baseless , court told
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Davy Hickey mismanagement claim baseless , court told
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Row over property company comes before Commercial Court Shareholder claims board had been acting in oppressive manner
Mon, May 17, 2021, 19:00 Aodhan O Faolain
A dispute involving a minority shareholder and the directors of a company with significant stakes in commercial property at Dublin Citywest Campus has been admitted to the fast-track Commercial Court.
The action concerns Oviedo Ltd, whose business includes the management of a substantial commercial and residential property development at Citywest.
Swiss-registered Fulman Holdings Sarl, which owns 33.6 per cent of Oviedo, claims the board of Oviedo has been acting in an oppressive manner and in disregard of its shareholders’ rights and interests.