Court rules dispute between John Magnier and Barne Estate to be heard next year

ireland
Court Rules Dispute Between John Magnier And Barne Estate To Be Heard Next Year
Mr Justice Denis McDonald set March 4th, 2025, for the hearing of the case concerning the Barne Estate in Co Tipperary.
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High Court reporters

A Commercial Court dispute between billionaire bloodstock owner John Magnier and his family with the owners of a 751-acre estate, which the Magniers say they had an agreement to buy, will be heard next year.

On Monday, Mr Justice Denis McDonald set March 4th, 2025, for the hearing of the case over the Barne Estate near Clonmel, Co Tipperary.

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The court heard it would take two weeks to hear.

The court also heard that a row over discovery of documents required for the case had "ameliorated somewhat" in the last week and that hopefully by next October it could be fully resolved. Otherwise, there could be a hearing to resolve any outstanding discovery issues in October, the judge was told.

Last week, the Magnier side complained about attempts by the Barne side to limit the scope of discovery. The Barne side denied the claim.

The case concerns a claim by John Magnier and his children, John Paul Magnier and Kate Wachman, that they had an agreement with the Barne owners to buy the Golden Vale estate for €15 million.

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The property is held for the benefit of Richard Thomson-Moore, his sister Alexandra, their children, and their spouses by a Jersey trust.

The Magniers have sued the Barne Estate, Mr Thomson-Moore and three companies of IQEQ (Jersey) Ltd seeking that the €15 million deal to buy, which they say was struck on August 22nd last, be completed.

The Barne defendants say there was never any such agreement, and subsequently they agreed to sell it for €22.5 million to construction magnate Maurice Regan, founder of the New York building firm JT Magen.

A counterclaim has also been filed for slander of title, alleging the Magnier proceedings and the filing of a legal question mark over dealings in the property, known as a lis pendens, was preventing the owners from selling it to Mr Regan.

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