Legal
Former directors of ‘mechanical tree’ business Carbon Collect reach deal following legal battle
The Dublin-based firm has received support from the likes of Enda Kenny, the former Taoiseach
An agreement has been reached between the former directors of Carbon Collect as part of a shareholder dispute which initiated last year over control of the company, the High Court has heard.
The company, which aims to build a forest of “mechanical trees” to remove carbon dioxide from the air, was co-founded by John McKeon, an Irish oil industry executive, and Pól Ó Móráin, an Irish entrepreneur, in 2018.
It has raised more than €10 ...