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3 4 CHAIRMAN: Good morning Mr. O'Neill. 5 - The Tribunal of ...

3 4 CHAIRMAN: Good morning Mr. O'Neill. 5 - The Tribunal of ...

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21 which effectively was defrauding him <strong>of</strong> his entitlement; isn't that right?2 A. Yes, a disaster.3 Q. 2 Yes, it would be a disaster. I think it is the case that as regards the firm4 <strong>of</strong> solicitors who you were instructing at the time, Finbar Cahill and Company5 Limited, they had played no role or part whatsoever in the dealings which you6 had with <strong>Mr</strong>. Caldwell at the time <strong>of</strong> the Southfield/Vino transaction; isn't7 that right? <strong>The</strong>y were not advised by you that you were discussing with Bank <strong>of</strong>8 Nova Scotia, for example, the possibility --9 A. No.10 Q. 3 -- that you might stand in and pay interest or any <strong>of</strong> those matters?11 A. <strong>The</strong>y had no involvement.12 Q. 4 <strong>The</strong>y had no knowledge whatsoever <strong>of</strong> the fact that there was a <strong>Good</strong>man interest13 at all; isn't that right?14 A. Well not that I can recall.15 Q. 5 Right. You had never indicated to <strong>Mr</strong>. Madden, for example, that <strong>Mr</strong>. Larry16 <strong>Good</strong>man was in fact the financier <strong>of</strong> the initial transaction through the17 provision <strong>of</strong> funds to Southfield and that his interests had not been resolved18 and that that was a reason for the delay in your ability to negotiate the19 acquisition <strong>of</strong> the land with <strong>Mr</strong>. Caldwell; isn't that so?20 A. <strong>Mr</strong>. <strong>O'Neill</strong>, I cannot be sure.21 Q. 6 Fine. In any event, you certainly brought the matter up with Messrs. Finbar22 Cahill & Co. when you received this letter and you sought their advices on the23 issue; isn't that right?24 A. Yes, I did.25 Q. 7 And you apparently, initially, didn't formally set out what your knowledge <strong>of</strong>26 the events which were being referred to in the letter <strong>of</strong>, that's on screen,27 from Noel Smyth. You didn't set out any account <strong>of</strong> that in writing but you28 discussed the matter on a number <strong>of</strong> occasions with <strong>Mr</strong>. Madden; isn't that so?29 A. I'm sure I did, yes.30 Q. 8 And we'll see a letter from you at page 2409 to Finbar Cahill & Co. on the 3rdPremier Captioning & Realtime Limitedwww.pcr.ie Day 564

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