Ronan's €3.3m insurance payment claim sent to fast-track court

The dispute arises out of a deal in which Ronan Group Real Estate swapped its stake in Fibonacci Square with Fortress' interest in Waterfront South Central on Dublin's quays

Johnny Ronan said the basis on which Aquela contends no payment is due was 'manifestly erroneous' and a clear misreading of the relevant clause. Picture: Gareth Chaney/Collins

Developer Johnny Ronan's dispute with a US Fortress Investment Group firm, which he claims owes him €3.3m from an insurance award relating to their joint Fibonacci Square office development in Ballsbridge, Dublin, has been admitted to the fast-track Commercial Court.

Mr Ronan is suing Isle of Man-registered Aquela Ltd. The defendant says his claim is groundless.