Former owner of Bartragh Island entitled to €700k in damages, High Court rules

The High Court has awarded approximately €700,000 in damages to Mary Molloy, the former owner of Bartragh Island in Killala Bay, County Mayo. Ms Justice Miriam O'Regan ruled on Friday that Ms Molloy was entitled to the damages arising from a 1996 option agreement with Sean Simon of Deerpark, Loughrea, County Roscommon, which was never completed. The island was subsequently sold to a company controlled by golfer Nick Faldo in 1997 for €1.5 million. Ms Molloy had sought to exercise her right to repurchase the property but was unable to do so after the mortgagee, Irish Nationwide Building Society, agreed to its sale. The High Court had previously found in 2003 that Ms Molloy's attempts to exercise her option had been frustrated. The assessment of damages proceeded following the withdrawal of a Supreme Court appeal and re-entry of the case in 2014. A smaller adjoining island is also to be transferred to Ms Molloy.