The High Court has approved a $2.2 million (€2 million) payment for an American law firm for fees due to it from a liquidated Irish company.
The money for the Minneapolis-based Nilan Johnson Lewis (NJL) firm will be paid out of a sum of $4.5 million due to go to the liquidation of ECTG Ltd arising from litigation over trade secrets brought by the Irish firm, before its collapse, in the US.
ECTG was a Dublin-registered manufacturing firm wound up by the High Court last September.
The August 2014 lawsuit was settled following mediation in Minnesota last month.
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The money is to be used to pay creditors, including NJL which, before the mediation, was owed $1.23 million.
Yesterday, Mr Justice Paul Gilligan made a payment order for fees outstanding.
