Topaz firm effectively settles over €4.7m sum

The company behind the Topaz fuel and convenience store chain has effectively settled its legal action against a Dublin-registered company over alleged failure to pay €4.7m to complete a share purchase agreement, the commercial court has heard.

Topaz firm effectively settles over €4.7m sum
Tue, 22 Nov, 2016 - 00:00
Ann O’Loughlin

The case has settled subject to a payment being made and could be adjourned on consent for mention in two weeks to facilitate that, Rossa Fanning SC, for Kendrick Investments, told Mr Justice Brain McGovern yesterday.

A hearing date could also be vacated, counsel added. The judge made those orders.

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CourtsBusinessFinanceEconomytopazcourtPlace: DublinPlace: Isle of ManPerson: Rossa Fanning SCPerson: Brain McGovernPerson: KendrickPerson: Dermot HayesPerson: Denis O’BrienPerson: Emmet O’NeillPerson: Sean CorkeryOrganisation: TopazOrganisation: Kendrick InvestmentsOrganisation: Topaz Energy Group LtdOrganisation: TEGLOrganisation: Circle K Holding Ireland LtdOrganisation: Circle KOrganisation: Circle K Holding IrelandOrganisation: Circle K IOM LtdOrganisation: Quebec IncOrganisation: Circle K Ireland
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