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Tue 12 Dec 2008Claim for €7.5m from McNamara resolved
A COURT action aimed at compelling developer Bernard McNamara to pay €7.5 million to five fellow shareholders in a company has been resolved, the Commercial Court was told yesterday.
The case arose out of the coming together in 2004 of Mr McNamara and three businessmen, a tax consultant and a banker to acquire properties at a site adjacent to Grafton Street, Dublin, so a major commercial development could be built there.
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