Judg­ment de­ferred in de­vel­op­ment row

Irish Examiner - - News -

Judg­ment has been de­ferred in a le­gal dis­pute be­tween two com­pa­nies linked to two de­vel­op­ers over the own­er­ship of a sec­tion of Dublin’s south docks water­front district.

Balark In­vest­ments, part of the Mar­let Group led by Pat Crean, is be­hind a planned a €100m com­mer­cial and res­i­den­tial de­vel­op­ment on the site. Balark says its project is be­ing de­layed by Cham­bury In­vest­ment Com­pany, which is linked to de­vel­oper Johnny Ro­nan. Cham­bury says its in­ter­est in part of the land, at Lime St and Sir John Rogerson’s Quay over­look­ing the River Lif­fey and the Sa­muel Beck­ett Bridge, is worth €20m. Balark says the Cir­cuit Court has al­ready ruled that Cham­bury’s in­ter­est in the dis­puted land is just €60,000 and that is all Balark has to pay to ac­quire the sec­tions at the cen­tre of the dis­pute. Cham­bury ap­pealed the Cir­cuit Court’s de­ci­sion.

The ap­peal and sep­a­rate pro­ceed­ings brought by Balark, where it seeks a dec­la­ra­tion that it is en­ti­tled to de­mol­ish the build­ings on the dis­puted lands, were heard Mr Jus­tice Robert Haughton, who yes­ter­day re­served his de­ci­sion.

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