Henchy's war with Dairygold to kick off in High Court
Dairygold and their former CEO Jerry Henchy will go head to head in the High Court next week when their long-awaited legal battle kicks off on Tuesday, July 2.
Mr Henchy, who headed up Dairygold from 2003 to 2009, is suing the Cork-based co-op for damages which relate to his parting of ways with his former employer.
It is understood that Mr Henchy is seeking damages for alleged breach of contract and reputational damage arising out of his departure from Dairygold.
Separately, Mr Henchy is also believed to be suing his former employer for defamation.
While the exact detail of the compensation package being sought by Mr Henchy has not been outlined, it is believed to be in excess of €8m.
Both Dairygold and Mr Henchy declined to comment regarding the case when contacted by the Farming Independent.
"The Society has no comment to make with regard to legal proceedings being taken by a former CEO and will vigorously defend any such proceedings," a statement from Dairygold said.
The prceddings could be very embarassing for Dairygold given that much of the internal wrangling at the dairy processor during the period will be laid bare in court.