Bankrupt developer Bernard McNamara is not entitled to continue his action against the Dublin Docklands Development Authority over the controversial €412 million purchase in 2006 of the Irish Glass Bottle site at Ringsend, a judge has ruled.
An issue remains whether Donatex Ltd, a company of Mr McNamara, may continue with the case and that, and other related matters, will be dealt with by the Commercial Court next month.
The case was initiated in 2008 but has been delayed due to several factors.
After Mr McNamara was adjudicated bankrupt in the UK last year, doubts arose whether the action would proceed to hearing next month as listed.
As a bankrupt, Mr McNamara is not entitled to maintain court proceedings himself.
Mr Justice Peter Kelly was told yesterday that the joint UK bankruptcy trustees had decided not to continue Mr McNamara’s case.
:quality(70)/s3.amazonaws.com/arc-authors/irishtimes/7d6f4bef-80c2-4932-9cb4-a7164db31957.png)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/6BDEAESQEJH4BHNFRSVZH3W4TM.png)