The Supreme Court has upheld an order requiring developer Gerry Gannon to pay an investment company €320,667 damages over his failure to complete the purchase of a lease for a building next door to his Dublin 4 headquarters.

DEVELOPER Gerry Gannon failed to complete the purchase of a lease on a building which formerly housed an investment subsidiary of the Friends First financial group, it was claimed in the High Court yesterday.

Six businesses were temporarily closed by the Food Safety Authority last month for breaching hygiene regulations.