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.

MEDIATION talks have failed to resolve a dispute over the alleged failure of Dunnes Stores to complete an agreement to become anchor tenant at the Point Village development in Dublin’s docklands, the Commercial Court was told yesterday.