- Oct 26, 2008
Probably back in 2005 when O'Gara bought the freehold out from under the noses in DCC - the council should have secured the freehold from Darley when it had the chance. But thankfully, DCC and the residents have fought O'Gara and his ridiculous antics tooth and nail ever since and have now won the day, even though they have had to pay €142k to do so.What exactly happened here? Sounds like some legacy mess up by the DCC legal team?
DCC secured a High Court order to wind up O'Gara's company which 'owned' the park over an unpaid legal bill and the liquidator put the park up for sale. O'Gara disputed the value put on it at auction (€140k), claimed it was worth £300k and went to court again over this. He lost and yesterday DCC and residents agreed to pay 'market value' for the site.
Here's some background to the saga.
Square at centre of bitter dispute to go under the hammer - National News - Independent.ie
Had DCC gone ahead with the CPO in 2006, at the height of the boom, it could have been forced to pay O'Gara a vastly inflated price - some feared it could have been several million, other reckoned €500k-plus.
It should never have come to this because but unfortunately it did. Thankfully, this sorry saga is now over and has been resolved in favour of the residents of Dartmouth, Ranelagh and Dublin.
I'm sure cllr could give more details on the case as he has much closer involvement than anyone else on P.ie.