The High Court is currently examining evidence from multiple actions related to the business dealings of Web Summit. Minority shareholders Daire Hickey and David Kelly are pursuing a case against CEO Paddy Cosgrave, whom their lawyers claim is being unjustly targeted by the plaintiffs. Legal representatives for Cosgrave are arguing that Hickey and Kelly's actions stem from greed and an attempt to gain financial advantages to which they are not entitled. The case is extensive, with hearings expected to last nine weeks, covering complex issues and contentious claims.
Lawyers for the CEO accused minority shareholders Daire Hickey and David Kelly of being driven by greed in their High Court action, seeking undeserved windfalls.
Evidence is being examined in five separate actions at the High Court, involving Mr Cosgrave, Mr Hickey, and Mr Kelly, with a scheduled nine-week hearing.
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