THE High Court has reserved judgment on whether affidavits by Tony Taylor the founder of collapsed finance company Taylor Asset Managers can be used in proceedings by the liquidator of the Taylor companies.

THE High Court has further adjourned proceedings in which the liquidator of finance company Taylor Asset Managers, which collapsed in 1996, has applied to restrict five of its directors, including financial consultant and TV personality Eddie Hobbs.

FORMER investment guru Tony Taylor has been cleared of any civil liability for the €2.2 million he cost his clients in lost investments.

THE two founders of a Dublin-based software firm will net €7 million between them after selling the company.