Courts / Dublin / Report
Market Bar shareholders dispute comes before court
Summary
In a High Court hearing on 30 June 2014, businessman Jonathan Bourke sued fellow shareholders John Reynolds and Eoin Foyle, along with Mercroft Taverns Ltd, over a claimed dilution of his shareholding, his dismissal from employment at The Market Bar, and removal as a director. Bourke alleges that at a purported meeting on 9 May, the company decided to dilute his shares, oust him from his role, and strip him of directorship. He seeks court orders to set aside those decisions, to restrain his removal as director, to maintain his employment status and salary, and to prevent Reynolds from presenting himself as the majority shareholder. Reynolds and Foyle were not represented when the case was mentioned, and the court granted an adjournment and permission to serve the papers by post. The proceedings were adjourned to later in the month.
Who, what, where, when and why
What: Report matter: Market Bar shareholders dispute comes before court. Procedural stage: hearing_or_decision
When:
- May 9th Hearing Or Sentence
- 2014-06-30 Publication
Case subjects
Applicant
Outcome: Mr Justice Cregan granted the application and adjourned proceedings to later this month.
Places mentioned
- High Court
- Dublin's Fade Street
- Leinster Road
- Charleville Road
- Mr Reynolds The Cedars Grove House
Topics
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