The parties involved in the five cases have spent more than two years sifting through files as part of the discovery process
The trial of bitter disputes between the Web Summit co-founders is due to be heard over nine weeks in the High Court beginning next March.
The legal teams involved in the five High Court cases have for more than two years sifting through millions of files as part of the process of sharing relevant documents with each other.The tech events company and its chief executive Paddy Cosgrave, an 81 per cent shareholder in the firm, issued proceedings in September 2021 against David Kelly, who owns a 12 per cent stake in the company.Joe Biden has ended the agony.
Among Mr Kelly’s claims is that the chief executive used company social media accounts and finances for personal projects. Mr Hickey alleges Mr Cosgrave failed to observe corporate governance norms and engaged in a concerted strategy to force him out of the business. The minority shareholders have also individually sued the company and Mr Cosgrave claiming a breach of an alleged profit share agreement.On Monday morning Mr Justice Denis McDonald was told the cases were ready to be scheduled for trial. The judge gave them a provisional hearing date beginning March 18th.Wholesale electricity prices down 72% since peak of energy price shockBooking.
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