She also wants a declaration that the two brothers, who are the other shareholders and directors of the group, have acted arbitrarily and/or capriciously and/or perversely and/or irrationally in refusing to consider that her husband’s will, along with a High Court order, was sufficient evidence of her entitlement to be registered as a shareholder of Genstar and JOM.
Her solicitors wrote to Michael Cosgrave last March requesting that she be registered as a shareholder in the firms, but this was refused. She said Genstar and JOM were previously controlled on an equal basis by Joe, Michael and by another brother, Peter, who died in 2019. She believes the defendants, and specifically Michael, “are opportunistically using the deceased’s death to take control of the Cosgrave group”.
She is concerned the firms’ value will be “significantly eroded” during the period in which she is waiting for a limited grant of probate to issue.
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