US judge rules Paddy Cosgrave must enter arbitration over fund dispute

California judge rejects arguments made by Web Summit co-founder’s lawyers in a case he has taken against former business partners

Paddy Cosgrave, co-founder of Web Summit: compelled to enter arbitration in US legal case. Picture: Getty

A US judge has ruled against Paddy Cosgrave, compelling him to enter arbitration as part of a lawsuit he filed against his former business partners.

Ethan Schulman, a judge of the Superior Court of California, made the ruling last week and rejected arguments made by lawyers for Cosgrave, the chief executive and co-founder of Web Summit, on the issue of arbitration.

The dispute relates to a lawsuit being taken in California by Manders Terrace, the ...