Ac­tion over Dublin prop­erty is set­tled

Bray People - - NEWS -

A HIGH COURT ac­tion over an al­leged agree­ment by the own­ers of the Opium Bar and Res­tu­ar­ant on Dublin’s Wex­ford Street to buy a next-door prop­erty has been set­tled.

Tre­ble­side Des­ig­nated Ac­tiv­ity Com­pany, which owns the Opium Bar, had brought pro­ceed­ings against John Hal­li­nan, Geral­dine Hal­li­nan, Claire Cullen and TFF Food Lim­ited over an al­leged fail­ure by the de­fen­dants to com­plete a deal en­tered into in March.

Tre­ble­side, which is part of the Mer­can­tile Group of bar/ restau­rants and rep­re­sented by Gary McCarthy SC, claimed it en­tered into an agree­ment with the Hal­li­nans that would see it ac­quire a neigh­bour­ing prop­erty they own at 38 and 38a Cam­den Row, Dublin, in a €1m-plus deal.

Ms Cullen, of Fern­dale House Con­vent Road, Delgany, Co Wick­low, and TFF Food Ltd are the oc­cu­piers and lease­hold own­ers of the ground floor of 38 Cam­den Row, from which a cof­fee shop known as the Fat Fox op­er­ates.

In its ac­tion, Tre­ble­side had claimed the de­fen­dants had re­neged on that agree­ment and, as a re­sult, Tre­ble­side sought an or­der seek­ing the spe­cific per­for­mance of the agree­ment it claimed the Hal­li­nan’s en­tered into on March 27 last.

How­ever, fol­low­ing set­tle­ment talks, Mr McCarthy told Mr Jus­tice Brian McGovern SC that the case had been set­tled.

The court heard that it had been agreed be­tween the par­ties that the Hal­li­nans will re­ceive €1.1m for the ad­join­ing prop­erty and TFF Food will re­ceive €100,000.

The de­fen­dants had also agreed to com­pro­mise all is­sues, plan­ning mat­ters and le­gal pro­ceed­ings be­tween them con­cern­ing the run­ning and op­er­a­tion of Opium and Whe­lan’s Bar, which is also part of the Mer­can­tile Group.

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