Paddy Cosgrave’s Web Summit shareholder dispute settled

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Paddy Cosgrave’s High Court shareholder dispute with David Kelly and Daire Hickey was settled before the five actions were struck out on 29 April 2025.

The court was told all matters had been resolved to the parties’ satisfaction. The settlement details were not made public in court, and the five civil actions were struck out with no order on legal costs.

The proceedings included Cosgrave’s claim against Kelly for alleged breaches of fiduciary duties, and claims by Kelly and Hickey alleging shareholder oppression and breach of a profit-sharing agreement. These were allegations in the civil dispute, not findings by the court.