U2 drummer and partner claim €11m loss

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.

The alleged advice related to a €3m investment in a “European hotel fund” and a €4.5m loan for an investment in Romania, it is claimed.

However, the rock star and his partner will have to wait until well in to the new year for the case to be heard in the High Court, when Mr Justice Brian McGovern yesterday refused to fast-track the proceedings in the Commercial Court list.