Courts / Dublin / Report

Freezing orders sought against financial advisor

Date
2018-12-18
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

A Dublin man has sought freezing orders from the High Court against a financial advisor and two associated companies over the alleged non-return of €159,000 advanced as an investment in 2017. Jamie Murphy claims that James Doherty, operating as Demvera Capital Partners with a registered address in Dublin 4, misappropriated funds intended for investment in a disability home-care firm. One of the defendant companies, Demvera Trust unlimited Company, is registered at Burnfoot Business Park in County Donegal. Murphy contends the money, drawn from a trust fund and personal savings, was never invested as agreed. Efforts to recover the funds have been unsuccessful, with arranged meetings cancelled by Doherty, who cited ill health. Murphy's private investigator has been unable to locate Doherty, believed to be in the UK. Doherty does not appear on any registered accountancy body roll in Ireland, Northern Ireland, or the UK. Ms Justice Leonie Reynolds granted permission on an ex-parte basis to serve short notice of proceedings. The matter will return to court later that week.

Who, what, where, when and why

What: Report matter: Freezing orders sought against financial advisor. Procedural stage: hearing_or_decision

When:

Why: Counsel said Mr Doherty had given excuses including his ill health as a reason for not returning the monies. CNI source report

Case subjects

Demvera Capital Partners

Applicant

James Doherty

Applicant

Jamie Murphy

Applicant

Places mentioned

Secondary Mention
Court Venue
  • High Court
Residence
  • Serpentine Business Park
  • Serpentine Avenue
  • Dublin
  • Burnfoot
  • Burnfoot Business Park
  • Main Street
  • Donegal
  • St Annes Park
  • Quinn Road

Topics

Stage Hearing Or Decision

Related court reports

Read the original CNI report

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