The Supreme Court has upheld an order requiring developer Gerry Gannon to pay an investment company €320,667 damages over his failure to complete the purchase of a lease for a building next door to his Dublin 4 headquarters.

U2 drummer Larry Mullen and his long-term partner Ann Acheson have sued their former accountants, claiming they suffered losses of more than €11m due to alleged, unsuitable investment advice.

DEVELOPER Gerry Gannon failed to complete the purchase of a lease on a building which formerly housed an investment subsidiary of the Friends First financial group, it was claimed in the High Court yesterday.

THE Orion Fund, managed by Castleway Orion and Liberty Asset Management, has announced that it has acquired two properties in Britain totalling €63m.

Independent financial advice at various levels will be offered at The Money Show, taking place at the RDS from October 29 to October 31.