‘Davy 16’ could be forced to reveal Anglo bond profitsLawyers for Paddy Kearney, the Northern Ireland developer who is suing the stockbroker, have filed an affidavit seeking to disclose how much profit each made personally from the transaction
Lawyer tells court three of Davy 16 were ‘never members’ of O’Connell PartnershipThe three men say they had nothing to do with the purchase of the Anglo Irish bond from Northern Ireland developer Paddy Kearney
Davy staff look to block sale of firm to private equity biddersEmployees fear a private equity firm will sell off less profitable sections of the stockbroker, while three members of the Davy 16 group are contesting their inclusion as defendants in a new legal case over the Anglo bond sale
Davy Stockbrokers ‘likely to’ fetch up to €400m when sold Final sale price is likely to be heavily caveated and could depend on the firm being given full clearance by the Central Bank over regulatory issues
Davy claims developer Kearney’s new legal action is ‘opportunistic’Solicitors for the stockbroking firm wrote that the developer was ‘fully aware’ of the involvement of Davy employees in the O’Connell Partnership