Canadian firm subject to freezing order refutes allegations by Dublin firm San Leon

Mr Justice Brian Cregan also granted a short-term order restraining Tri Ri from selling its 419,000 shares in Palantir

San Leon plc, the Dublin-based oil and gas firm, alleges Tri Ri Asset Management Corp failed to honour an investment agreement. Stock Picture: PA

Tri Ri, a Canadian assets management firm, has refuted allegations made in the High Court against it after a judge granted a short-term order freezing up to €50m worth of its assets.

San Leon plc, the Dublin-based oil and gas firm, alleges Tri Ri Asset Management Corp failed to honour an investment agreement in which Tri Ri purportedly agreed to swap shares in US technology firm Palantir, worth almost €50m, for shares in San Leon.