Ms Loughman, of The Courtyard, Castleside Drive, Rathfarnham, Dublin, brought proceedings against her fellow shareholder and former partner Fraser Brown in respect of the Monica Loughman Ballet Company Ltd which was set up in 2011.
The company operates a school and carries out a wide range of activities and had been Ireland’s largest ballet company with a roster of more than 50 dancers.
Last month she secured a temporary High Court injunction aimed at preventing Mr Brown from terminating her employment with the company or from having the company liquidated.
Mr Brown was also prevented from interfering with her work as a ballet teacher and the property and equipment necessary to carry out her work.
Mr Brown of Willow Park Avenue, Glasnevin, Dublin 11, who represented himself in court, had previously indicated his opposition to the injunction.
When the matter was returned before Ms Justice Marie Baker at the High Court yesterday barrister Benedict Ó Floinn, counsel for Ms Loughman, said that following talks with Mr Brown there was now agreement between the parties that steps would be taken to ensure the case was heard as soon as possible.
Mr Ó Floinn said there was also consent that the injunction would remain in place till the action has been determined by the court. He said a formal statement of claim would be served on Mr Brown in three weeks, and he could then file a defence to Ms Loughman’s claim.
Ms Justice Baker said she was satisfied to adjourn the matter on that basis.
Ms Loughman alleges in her proceedings that, following the end of their personal relationship, Mr Brown agreed he would no longer be part of the business.
She alleged Mr Brown, who acted as the company’s finance manager, refused to disengage from the company or from her life generally. She feared that arising out of Mr Brown’s alleged actions, her reputation in Ireland and internationally would be damaged.
In a sworn statement Ms Loughman said she met Mr Brown, a diamond dealer, in 2010. He had assisted her with administrative and financial matters connected with the ballet company and they had lived together until differences arose in 2014.