Colum and Ciaran Butler, who oversee the master license for Starbucks in Ireland, have been banned from serving as company directors for five years. While the court acknowledged their honesty, it found them lacking in responsibility regarding their directorial duties. This ruling signifies a substantial setback for their extensive business operations, which could affect not only their positions but also the overall management of their business empire associated with the global coffee chain.
The court ruled that Colum and Ciaran Butler acted honestly but not responsibly in their roles as directors, leading to a five-year ban.
This decision not only restricts the brothers from directorial roles but also sends ripples through their extensive business operations associated with Starbucks.
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