Judge rejects ‘Alice in Wonderland’ claims by Dunnes over Point Village settlement

Judge rejects ‘Alice in Wonderland’ claims by Dunnes over Point Village settlement Dunnes Stores loses appeal over Ђ15.5m payment to receivers relating to Point Village development The receivers had claimed the Ђ15.5 million was due under a 2010 settlement between Dunnes and Point Village Development Ltd Dunnes Stores has lost its appeal over orders requiring it to pay Ђ15.5 million towards the receivers of a company of businessman Harry Crosbie to be able to comply with agreed regards to settlement of a legal dispute concerning the planned Point Village development. Dunnes was effectively asking the Court of Appeal to grant an “Alice in Wonderland” license to it to interpret words in the settlement as Dunnes wishes “depending regarding the total result they sought to achieve”, Ms Justice Mбire Whelan said. […]