Point Village receivers sue Dunnes Stores over €15m

Dunnes Stores, by refusing to release €15m funds allegedly due under a settlement agreement, is frustrating the ability of the receivers over the Point Village Development to fund the continuing works at the Point Village Centre in Dublin’s docklands, it has been claimed.

The receivers of Point Village Development Ltd, PVDL, have gone to court in a bid to get Dunnes Stores to release €15m it says is due under a settlement agreement.

Mr Justice Brian McGovern yesterday entered the case into the Commercial Court list, the big business division of the High Court.