Former Smart chief in legal face-offs
Two sets of proceedings brought by Mr Fanning were admitted to the court yesterday while Mr Justice Peter Kelly also heard Smart Telecom plc intends to bring its own action against Mr Fanning.
Smart says it will allege Mr Fanning breached his fiduciary duties as chief executive of Smart in allegedly unlawfully diverting a corporate benefit of opportunity to his own use — the option to acquire the freehold interest in Smart’s corporate headquarters at Citywest Business Park in Dublin.
