"lawyers for the Coolmore magnate indicated he intends to appeal the loss of his lawsuit over the 751-acre Golden Vale tillage farm and mansion. The cost of the case has been speculated to be in excess of €6m due to a 19-day trial involving several high-profile lawyers, complex discovery issues, and extensive pre-trial hearings. Mr Justice Barrett said the court had to mark its disapproval by awarding costs against Mr Magnier on the highest scale, known as "legal practitioner and client"."
"Mr Magnier and his children JP Magnier and Katherine Wachman sued the owners of the 17th century estate claiming they had a binding agreement in August 2023 to purchase it for €15m. Despite losing the case, Mr Magnier has not lifted a lis pendens, a legal instrument blocking the sale of the Golden Vale property to another bidder. The Thomson-Moore family has agreed to sell to it rival stud farm owner Maurice Regan for €22.25m."
Mr Magnier lost the lawsuit over the 751-acre Golden Vale tillage farm and mansion and intends to appeal. The 19-day trial involved several high-profile lawyers, complex discovery issues, and extensive pre-trial hearings, with costs speculated to exceed €6m. Mr Justice Max Barrett awarded costs against Mr Magnier on the highest “legal practitioner and client” scale. Mr Magnier and his children had claimed a binding August 2023 agreement to buy the 17th-century estate for €15m. Despite the loss, Mr Magnier has not lifted a lis pendens and the Thomson-Moore family agreed to sell to Maurice Regan for €22.25m.
Read at Irish Independent
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