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Medicinal business dispute for court: ThePost.ie
THE POST.IE
Sunday Business Post > 2006/04/02 > Medicinal business dispute for court
Medicinal business dispute for court
Sunday, April 02, 2006
A dispute has broken out between a French forensic scientist and his business partner (…) in Co Mayo, writes Ian Kehoe
Loïc Le Ribault, from Brittany, is attempting to shut down a company called LLRG5 which sells pseudo-medicinal products from its Castlebar headquarters.
The company produces a product called Silanol, which claims to help patients suffering from hepatitis, asthma, cancer, AIDS and .Cardiovascular disease. Le Ribault, who established the Irish company in 1999 and holds a 50 percent stake in the business, has taken a High Court petition to wind up the company following a dispute with the firm's other shareholder, Luc Verardo,
The case is due to be heard tomorrow morning.
Le Ribault is alleging that he was squeezed out of the company by Verardo and that his Position was undetermined. He is represented in the action by Dublin law firm Peter Duff & Co.
Le Ribault resigned as a company director in February 2004 and was replaced as a Company director by Marie Devaney. Calls to the company were not returned last week.
G5 had been taken off the market in Ireland a few months before, but the firm is still allowed to export the product from this country.
Le Ribault shot to public attention during the 1980’s as a forensic scientist who cracked impenetrable murder mysteries.
He was instrumental in convicting the killer of Irishman Trevor O'Keeffe, who was murdered in France in 1987. |