Saturday October 24, 2020

Summary judgment sought against CHC chief

High Court case comes five years after the firm collapsed

15th May, 2016
CHC's former chief executive Harry Cassidy

The liquidators of Custom House Capital (CHC) are seeking a summary judgment against the company’s former chief executive Harry Cassidy.

The case was taken last week in the High Court and comes five years after the firm collapsed following a Central Bank investigation into €56 million of misappropriated client funds.

The investment firm was liquidated in 2011 after a High Court-appointed investigation found “systemic and deliberate misuse” of clients’ money. Most of the...

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