Web Summit Showdown: Why the three co-founders are heading to court
The High Court is set to hear revealing details on the workings of one of Ireland’s most high profile companies: Web Summit.
In a civil trial that is set to last nine weeks, the three former friends who founded the tech events company – Paddy Cosgrave, David Kelly and Daire Hickey – will lay out their grievances against each other.
Cosgrave, the better known of the three, has a majority stake in the company with a whopping 81 per cent, Hickey has 7 per cent and Kelly 12 per cent.
There are five individual cases to be heard in a civil trial that is expected to last around nine weeks.
Catherine…
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