Judge to rule on Clayton disclosure
A HIGH Court judge is to clarify what documents related to U2 guitarist Adam Clayton’s expenses must be disclosed for the musician’s action against a bank and firm of accountants over alleged failure to detect an alleged €4.8 million misappropriation from his bank accounts.
Mr Clayton is suing Bank of Ireland Private Banking Ltd and Gaby Smyth Co, chartered accountants, Merrion Road, Ballsbridge, Dublin 4, arising from claims his former personal assistant, Carol Hawkins, misappropriated sums over a period of five years to November 2009.
Mr Clayton, Danesmoate Demesne, Kellystown Road, Rathfarnham, Dublin, is seeking €4.38 million damages from the bank and €4.8 million damages from the accountants for alleged negligence and breach of contract. The claims are denied.
He claims his accountants had assured him in September 2008 the sum allegedly misappropriated was about €13,585 when at that stage it was about €4.4 million.
Mr Clayton has brought separate proceedings against Ms Hawkins.
Eamon Marray, for Mr Clayton, said the level of discovery being sought by the accountants went “far beyond” what was required.