Firm awarded €2.4m damages over land sale

A HIGH Court judge has awarded €2.4 million in damages to an investment firm against three men concerning the purchase of land on which the Showgrounds Shopping Centre in Clonmel was built.

The judge directed that his judgment be sent to the Charity Commissioners because of a €1.5m pay-out during the transaction.

The proceedings stemmed from a contract entered into by Mount Kennett Investments with the defendants — the “vendors” and separately Patrick O’Meara, Anthony Fitzpatrick and John Tobin for the purchase of the lands.