McGuinness takes court action over oil investment

Businessman seeks judgment against John McKeon

5th February, 2017
Paul McGuinness, investor and former U2 manager Picture: Collins

Paul McGuinness, the former U2 manager, has launched a High Court action in Dublin against John McKeon, the Irish exploration tycoon.

McGuinness is seeking summary judgment against McKeon. Papers were lodged last week, with McGuinness retaining Dublin law firm Sherwin O’Riordan to manage the case.

The action relates to Oman Resources, a Turkish-focused exploration vehicle that was wound up by the High Court in 2015. The company was headed by McKeon and backed...

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