Dunnes Stores has lost its appeal over orders requiring it to pay €15.5m to the receivers of a company of businessman Harry Crosbie so as to comply with agreed terms of settlement of a legal dispute concerning the planned Point Village development.

A High Court judge has ruled Dunnes Stores must pay €15.5m “forthwith” to the receivers of a company of businessman Harry Crosbie to comply with agreed terms of settlement of a legal dispute concerning the planned Point Village development, writes Ann O’Loughlin.

A High Court judge has ruled Dunnes Stores must pay €15.5m “forthwith” to the receivers of a company of businessman Harry Crosbie to comply with agreed terms of settlement of a legal dispute concerning the planned Point Village development.

A High Court decision means Dunnes Stores has to fit out its anchor store at Dublin’s Point Village only after seven other tenants are secured for the development.

All outstanding issues concerning the settlement of a legal row between Dunnes Stores and businessman Harry Crosbie over a €46m agreement related to the Point Village development in Dublin have been "finally put to bed", the Commercial Court heard today.