Court hears that agreement breaches by Heineken have cost Nash €10m

HEINEKEN Ireland’s alleged breaches of a joint venture agreement have resulted in well over €10 million losses for the Nash drinks company, it has been claimed before the Commercial Court.

The proceedings by Hartside, an Isle of Man-based company, against Heineken Ireland were transferred to the Commercial Court this week by Mr Justice Peter Kelly.

Hartside claims it and Heineken, then named Murphy Brewery Ireland, entered into a JVA with several other parties in November 1996 for the acquisition and ownership of Nash Beverages.