Mediation fails to resolve Dunnes, Point Village impasse

MEDIATION talks have failed to resolve a dispute over the alleged failure of Dunnes Stores to complete an agreement to become anchor tenant at the Point Village development in Dublin’s docklands, the Commercial Court was told yesterday.

Businessman Harry Crosbie has claimed Dunne’s alleged failure is jeopardising the continued financing of the project and he is now proceeding with his application for an order requiring Dunnes to pay e23 million under the alleged agreement, Mr Justice Peter Kelly was told.

The judge listed that application for hearing on April 2 next. The proceedings were admitted to the Commercial Court early last month, but were adjourned to facilitate mediation.