Goldman Sachs claims Irish firm tried to defraud it

A small Irish packaging firm allegedly tried to defraud Goldman Sachs by secretly diverting the business and assets to a sister company, leaving a €400,000 hole in the accounts, the High Court has heard.

Last April, Com-Plas Packaging managed to resist the efforts of the Goldman Sachs vehicle Ennis Property Finance to take control of the business by ousting a receiver appointed by the vulture fund and persuading the High Court that the ...