August 10, 2020
Business News

Talks to resolve dispute over Wicklow waste company part-owned by rugby legend Shane Byrne ‘at advanced stage’

Talks aimed at resolving a dispute between local rugby legend Shane Byrne and a Oxigen Environmental over the operation of a waste disposal company are at “an advanced stage,” according to reports today.

The parties in the long-running dispute entered into talks after it was revealed Mr Byrne and his brother William were prepared to offer €1.5m to Oxigen for its shares in the company at the centre of the dispute, AWD Waste Solutions Ltd.

The brothers, who are directors and have operated the company for many years, hold a 49% shareholding in AWD. Oxigen, which became involved in the firm eight years ago, holds 51%.

Last year Oxigen secured interim injunctions against the brothers arising from allegations how the waste disposal company’s affairs were being conducted.

The High Court has heared that Oxigen’s concerns about the conduct of the affairs of AWD include claims books and records of the company were removed and destroyed, that monies may be missing, and about payments being made in cash.

However, the Byrne brothers deny any wrongdoing and say the actions have been brought because Oxigen wants to force them to sell their shares in AWD, and want to cause maximum damage to their reputations.

They have also claimed that the removal of the permit would result in rubbish piling up in customers’ gardens and would damage the business.

Following the talks between the parties it was agreed that the permit would be reinstated, allowing AWD to collect waste.

The case is due to return before the court next week.

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