Web Summit co-founder has until the end of this month to defend Cosgrave’s US lawsuit
The suit claims co-founder David Kelly and fund manager Patrick Murphy used the Web Summit brand to draw investors to their venture capital fund
Former colleagues of Paddy Cosgrave, the Web Summit founder, have until the end of this month to file a defence in a US lawsuit he has taken against them.
David Kelly, a Web Summit co-founder, and Patrick Murphy, a fund manager, are being sued by Cosgrave via Manders Terrace, the operator of Web Summit and the company in which Cosgrave is a founder and chief executive.
Manders Terrace accuses them of “secretly” establishing an investment...
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