Millionaire businessman Dr Michael Smurfit will have to attend the High Court to give evidence in the case of a former K Club manager who has sued alleging he was threatened at Punchestown Races.

HE may have failed to win a seat in the local elections but a Corkman has pulled off a major diplomatic coup that could have huge spin-offs for Irish tourism.

Brian O’Mahony, Chief Business Correspondent

DR Michael Smurfit is to resign as chairman of Smurfit Stone on May 8, the day of the group’s annual general meeting.