Bank of Ireland files court proceedings against former Davy shareholders’ company

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Ailmount Limited is currently suing bank claiming it is owed €20m from acquisition of stockbroker

Bank of Ireland has filed proceedings against a company controlled by former shareholders in Davy, the stockbroking firm it bought in 2022 for €427 million.

Your work questions answered: Can I secure a remote working arrangement with one office visit per month?US investor to offload Cork’s Blackpool Shopping Centre at heavily discounted €49.5m It is not clear yet which specific claims are subject to the dispute over indemnity, but the sale of Davy was precipitated by a dispute — later settled — with Patrick Kearney, a property developer, over his investment in more than €5 million worth of Anglo Irish Bank bonds.

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