U2 bassist Adam Clayton has launched a High Court case against Gaby Smyth alleging professional negligence. Smyth is usually described as U2’s ‘financial controller’ or even the group’s financial ‘mastermind’.
The papers lodged in the High Court in Dublin on June 4th are for a plenary summons for alleged ‘negligence’ The papers also name two accountants employed by Smyth in Gaby Smyth & Co., Jill Percival and Pat Cleary. Bank of Ireland Private Finance is also named in the lawsuit.
It will be Clayton’s second case in the High Court this year, after succeeding in January to get the assets of his former housekeeper Carol Hawkins frozen for allegedly defrauding him of €1.8 million.
The details of the professional negligence claims against Gaby Smyth & Co. are not yet full known. It is not yet clear if there are any professional negligence claims related to the allegations concerning Carol Hawkins. It is known that the negligence claim is related to investments and professional advice.
Clayton has retained the services of the law firm Gleeson McGrath Baldwin.