Judge cites possible ‘clandestine activity’ as ex-Davy executives lose court challenge

Paddy Kearney, a Northern Ireland developer, is suing Davy and 16 former executives at the stockbroker

Davy stockbrokers offices in Dublin city centre. Picture:

Former Davy employees have been unsuccessful in an attempt to have a High Court case taken against them by a developer struck out.

In a judgment issued today, Mr Justice Michael Twomey said the “possibility of clandestine activity” on the part of the defendants who brought the application existed and that a lack of candour by Davy may be concealing evidence which could come to light at trial.

He refused an application, brought by 15 ...