A new front has opened up in the legal row between Bank of Ireland (BoI) and former investors in J&E Davy over its acquisition of the stockbroker. The bank is currently being sued by Ailmount Investments Ltd, a company representing over 700 previous investors, over claims it failed to make a due payment of €19.7 million in January 2023 following the completion of the sale.  BoI bought the Davy Group in 2022 for €427 million, to include deferred payments spread over two years. Now Bank of Ireland intends to hold back a sum of €15 million, due for payment this…

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