CHC executives’ actions were ‘devastating’ to its investors
Directors receive lengthy disqualifications
In the grand scheme of the Irish financial crisis, losses of €66 million by an investment company are a rounding error. The failure of Custom House Capital in 2011 should be a footnote to the great crash. But for the 1,500 or so clients of the investment advisory firm, its collapse is continuing to cause pain.
Last Friday, the High Court handed down its longest disqualification to individuals from acting as company directors. Harry Cassidy, the former head...
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