An application is to be made to refer the bulk of a dispute between a development firm and companies in the Johnny Ronan group over a €35 million office development to out-of-court arbitration.
Mr Justice Mark Sanfey was told the sides have consented to the majority of the issues in dispute being referred to an out of court arbitration.An application will be formally made in the coming days to the President of the High Court, Mr Justice David Barniville, seeking to refer the agreed aspects of the dispute to arbitration.
Counsel said his side was conscious of media reports of the proceedings, but said the defamation claim was based on what the defendants say are “anodyne” comments on their website. The dispute relates to a planned office site, which is 1.3 acres of an overall 13.3 acre site in Cherrywood, 12 acres of which is zoned for town centre development.
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