Courts / Ireland / Report

'Final whistle blown' as dispute between Shane Byrne and waste company is resolved

Date
2020-05-20
Stage
Charge Or Pretrial

Summary

A High Court dispute between Oxigen Environmental and former rugby star Shane Byrne and his brother William regarding the operation of AWD Waste Solutions Ltd has been resolved. The parties informed Mr Justice Michael Quinn that all matters were settled, leading to the striking out of the proceedings. Counsel for Oxigen, Martin Hayden SC, stated that discussions had been fruitful and requested that previous court orders be vacated. Richard Kean SC, representing the brothers, expressed gratitude to the court and noted their delight that the proceedings had concluded. Mr Justice Quinn welcomed the settlement and struck out the actions. Revenue, which was on notice, had no objection. No settlement details were disclosed in open court. The dispute, which commenced under the Companies Act, involved Oxigen's allegations that the brothers, who held a 49% shareholding, mismanaged the company's affairs. Oxigen claimed books and records were destroyed, monies were missing, and cash payments were improperly invoiced. It also alleged the brothers used company funds for personal expenses and sought to buy out their shares. Additionally, Oxigen claimed the company was insolvent and sought a provisional liquidator. The brothers strongly denied all allegations of wrongdoing, asserting the company was solvent and that the legal actions were an attempt to force them to sell their shares and damage their reputations. The matter was adjourned and struck out following the reported resolution.

Who, what, where, when and why

What: Report matter: 'Final whistle blown' as dispute between Shane Byrne and waste company is resolved. Procedural stage: charge_or_pretrial

When:

Why: They claimed the proceedings were brought because Oxigen wanted to force them to sell their shares in AWD and wanted to cause maximum damage to their good names. CNI source report

Case subjects

Companies Act

Applicant

Places mentioned

Court Venue
  • High Court

Topics

Stage Charge Or Pretrial

Read the original CNI report

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