Panda’s mating season with Craven winds up in court

Will Panda emerge with two black eyes by losing the case?

Eamon Waters is the founder and CEO of Panda Waste Pic: Barry Cronin

It was called Project Bear. At the start of 2015, Eamon Waters entered into talks with Craven House Capital to sell Panda Waste, the bin collection and recycling business he founded.

The code name Bear was picked by one of the advisers to the deal as neither side wanted to reveal their discussions before reaching a deal.

Waters’ interests in hotels and property development were expanding. Perhaps he was thinking about a change ...