Court makes €750,000 judgment against Crosbie

A company which developed the Grand Canal Theatre yesterday secured a judgment of €750,000 against businessman Harry Crosbie after the High Court was informed that he had failed to comply with an agreement to resolve a legal dispute over the venue.

Earlier this year Ramford Ltd, a company controlled by developer Joseph O'Reilly, had sued Mr Crosbie, who owns the lease of the theatre at Grand Canal Square, regarding an alleged €3m debt arising from an agreement between them to develop the 2,000-seat theatre.