Growing demand for corporate finance for residential, hotel and office developments in Cork and Munster is a sign of continuing good times ahead.

A claim Davy Stockbrokers was negligent in advising a businessman to sell investment bonds for around €5.58m which he alleged was at a significant undervalue has been settled, the Commercial Court has heard.

A businessman claims Davy Stockbrokers was negligent in advising him to sell investment bonds for around €5.58m which he says was at a significant undervalue.