Brokers back probe into Dolphin’s Irish arm

GPG redress group told investors it would fund the liquidator’s work, including legal action

5th December, 2021
Brokers back probe into Dolphin’s Irish arm
Charles Smethurst, the Chief Executive of Dolphin Trust, later renamed German Property Group (GPG) collapsed last year

A group of brokers representing investors in the bust Dolphin Trust fund has agreed to help fund further investigations and legal action against parties involved in its Irish operation.

The GPG redress group of brokers wrote to investors last week advising them that it had agreed to a request by the liquidator Myles Kirby to help fund his continuing work.

This would include funding planned legal action against as yet unnamed parties.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Gardaí broke spending rules with €4m outlay on clothes, shoes and PPE

Web Summit made ‘baseless and irrelevant’ arguments, say lawyers for Cosgrave’s former partners

Glass half full: taking the measure of the minimum unit pricing initiative

Can Ireland For Law sell the state as a global litigation destination?