Web Summit co-founder intends to take legal action against Paddy Cosgrave for alleged oppression

A barrister for David Kelly has told the Commercial Court there will soon be a petition issuing in relation to the alleged oppression of his client as a minority shareholder in Manders Terrace, the Paddy Cosgrave-founded company which operates Web Summit

Paddy Cosgrave, Web Summit chief executive and founder

A lawyer for David Kelly, a Web Summit co-founder who is being sued by the company for alleged breach of fiduciary duties, told a court that he intends to issue legal proceedings against the company and its founder in relation to alleged oppression.

Kelly is being sued by Paddy Cosgrave via Manders Terrace, the operator of Web Summit and the company in which Cosgrave is a founder and chief executive. The case alleges that Kelly ...