Cost of Davy settlement over Anglo bond deal could exceed €3m
“Well done to you all,” judge says as case reaches settlement
The cost of settling a case brought by a Northern Ireland property developer against Davy and 15 former executives is expected to be over €3 million, the Business Post understands.
A High Court judge approved a draft order this morning which settled a case brought by Patrick Kearney against Davy and 15 of the so-called “Davy 16” in relation to the Anglo bond deal in 2014.
As part of the settlement, it is understood that ...