Although Mr Goulding was not named in court, the High Court heard that Cometgaze was the preferred bidder for Altada because the remaining staff would walk away from the business if Datech’s bid was successful. This was despite the fact that Datech’s bid was higher than Cometgaze’s.
He said there was “a named party” linked to Datech with whom the employees had indicated they would not work. People with knowledge of the matter told The Irish Times earlier on Thursday that even if the sale is finalised, it is unlikely to resolve numerous related issues arising from the company’s collapse.
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