Web Summit co-founder describes ‘toxic’ relationship with Cosgrave

David Kelly has alleged that his former business partner made financial decisions without consultation of shareholders and used company money to fund ‘personal’ projects

7th November, 2021
Web Summit co-founder describes ‘toxic’ relationship with Cosgrave
Paddy Cosgrave: legal proceedings were filed in the High Court in Dublin as the Web Summit was ongoing. Picture: Getty

Paddy Cosgrave, a founder of Web Summit, has been accused of shareholder oppression and using company funds to finance his own personal projects in an affidavit filed by his former colleague and co-founder of Web Summit.

David Kelly filed High Court proceedings against Cosgrave last week with a 90-page affidavit that made a string of allegations against his former colleague, including that he made financial decisions without consultation of shareholders and used company money to...

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