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Article: LEGAL actions arising from the buyout of Smart Telecom have been settled at the Commercial Court.
- Article from:
- Irish Independent (Dublin, Republic of Ireland)
- Article date:
- October 13, 2009
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Parties settle Smart buyout legal actions
telecoms
Tim Healy
LEGAL actions arising from the buyout of Smart Telecom have been settled at the Commercial Court.
Jim Breslin, for Smart, told Mr Justice Peter Kelly yesterday the actions, which were due to open on November 3 and run for four weeks, had been settled and could be struck out with no further order.
The cases included a claim by Smart YuRoE Broadband (SYB) and related companies against former Smart Telecom chief executive Oisin Fanning for more than '1.1m, over alleged unjust enrichment during his time as boss.
SYB, Switchcom Ltd and Smart Telecom Holdings Ltd ...