What do court documents tell us, and what’s at stake for the three former friends?
What do court documents tell us, and what’s at stake for the three former friends in the nine-week civil case?
While new complaints and arguments have been added in the intervening years, the substance of the row lies largely in the initial deluge of legal documents filed in the High Court in late 2021 and early 2022. What do they tell us about the spectacular breakdown in relations between Hickey and Kelly on the one side, and Cosgrave on the other, and what’s at stake for the three former friends?Mortgage holders and household finances - the ECB rate cut is good news.
Perhaps surprising was the nature of Cosgrave’s complaints against Kelly and, later, Hickey and the incendiary language used to describe them. Kelly’s actions caused Web Summit “very considerable loss”, Cosgrave claimed in his grounding affidavit, accusing his old friend of looking to “feather own nest”.
Paddy Cosgrave and David Kelly boarded together as schoolboys at the elite Glenstal Abbey private school in Limerick. They even lived together for a time, sharing a house at Manders Terrace in Ranelagh while getting the company off the ground Of the two co-founders who have left the business, Kelly had the longest-standing relationship with the Web Summit chief executive, one that was into its third decade when he resigned as a company director in early 2021. The pair boarded together as schoolboys at the elite Glenstal Abbey private school in Limerick. They even lived together for a time, sharing a house at Manders Terrace in Ranelagh while getting the company off the ground.
Among other inciting incidents referred to in the affidavit is Village magazine’s publication in 2020 of an article alleging that Leo Varadkar, who was taoiseach at the time, was responsible for leaking a confidential copy of a new contract for GPs to his friend, Dr Maitiú Ó Tuathail, in 2019. Kelly claims Cosgrave worked on the article with healthcare entrepreneur Chay Bowes – the source of the leak to Village – and two Web Summit employees.
Hickey’s relationship with Cosgrave, which Sanz describes as initially being that of student and teacher, dates back to their time at Trinity College Dublin. “I looked up to Mr Cosgrave,” Hickey said in his grounding affidavit, “and sought to follow in his footsteps.
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