In a legal battle that has garnered media attention, Irish businessman Denis Brosnan’s case against his former son-in-law must go to a full trial. Brosnan, who is known for leading Kerry Group to become a global food industry leader, is suing his former son-in-law, Michael Daly, for €10 million, alleging that Daly used confidential information to win a €100 million deal. The decision to proceed to trial comes after a pre-trial hearing that lasted more than a year in the High Court in Dublin. The case raises important questions about confidentiality agreements and the use of sensitive information in business dealings.
Former Kerry Group CEO Denis Brosnan has had his application for summary judgment denied by the High Court over a €425,000 bank debt, which he claims his former son-in-law, G Geoffrey Cramer, has a personal liability for. Brosnan’s claim that he was entitled to an indemnity from Cramer will now have to go to a full hearing of the High Court. Brosnan had approached AIB in 2007 to provide loan funding for Delaware, USA recruitment tech company Futures. AIB agreed to lend to Brosnan as long as he acted as guarantor. Brosnan claims he paid off the loan in 2020 and that Cramer now owes him €484,000 plus continuing interest. However, Cramer says the loan was a company debt and that he was not personally liable. Mr Justice Garrett Simons found Cramer’s defence credible and ruled that the case should go to a full plenary hearing.
In conclusion, the Denis Brosnan case against his former son-in-law will now proceed to a full trial. Brosnan’s allegations of embezzlement and breach of trust have been deemed credible enough for a jury to ultimately decide the outcome of this high-profile legal dispute. For Brosnan, justice has yet to be fully served, and he is determined to see this case both fairly and fully resolved in a court of law. As it stands now, the spotlight will be firmly trained on this unfolding legal battle as parties on either side gear up for a potentially high-stakes trial.
