High Court judge says 'the only winners are the lawyers' in multi-million dollar litigation

Mr Justice Michael Twomey said mediation offers a 'great opportunity for a reality check'

The case was listed for an eight-day hearing last June with costs, the judge said, estimated by the parties as likely to exceed €1m.

A High Court judge who threw out a case involving multi-million dollar claims on either side and where “the only winners are the lawyers” has said it should act as a salutary lesson for all litigants.

Mr Justice Michael Twomey, who found in the commercial case that neither side were entitled to any award, said mediation offers a “great opportunity for a reality check”.