The row is between Duddy Hospitality Ireland Holdings Limited, Brendan Duddy and Lawrence Duddy, which are all part of the Duddy Group, and Propiteer Ireland Holdings Limited, DADAC Ltd, Propiteer Ltd, Colin Sandy David Marshall, which are all part of the Propiteer group. The court heard that the two groups had been partners in several joint ventures, including the Red Cow Hotel, a hotel in Exeter, England, and developments in Dublin and Belfast. It is claimed that in 2020 the two groups entered into settlement agreements regarding the various assets they had jointly held. The Duddy Group alleges that the defendants “regret” allowing the Duddy group to acquire the hotel after seeing how well it has been performing. It is claimed that they were wrongfully appointed by the defendants over certain assets, including the hotel.
Source: The Herald October 19, 2023 17:33 UTC