Stellwagen to pursue legal action against Sirius founders Howard Millar, Edward Hansom, and Edward Coughlan

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  • Stellwagen to pursue three Sirius founders
  • Howard Millar, Edward Hansom, and Edward Coughlan
  • Claims they found evidence of start-up in Millar’s file downloads

Howard Millar of Sirius Aircraft Leasing

Aviation-leasing company Stellwagen is to pursue High Court civil action against Howard Millar, Edward Hansom, and Edward Coughlan over their plans to establish Sirius Aircraft Leasing Fund.

The US-Irish company filed the action in October 2017, alleging they were using company data to establish another aviation-leasing company. A letter sent by Stellwagen’s lawyers to Liberum, the company sponsoring the flotation, it is made clear that the aviation firm intends to pursue the three principals.

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Stellwagen’s founder, Douglas Brennan, has claimed that the trio were behind the unlawful and clandestine misuse and distribution of commercially-sensitive and highly-confidential material acquired by them during their employment.

Douglas Brennan of Stellwagen

Investigations by a forensic IT company found evidence of an “Airgreen” in Millar’s download folder, the High Court heard last October. Airgreen was the name given to a business venture that proposed to raise $100m in equity. In the Stellwagen letter, the company informs Liberum that it may hold documentation and records relevant to Airgreen and the ongoing proceedings.

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