Courts / Dublin / Report
Dispute between Tullow Oil and landlord over €1.3m lease
Summary
In a fast‑track commercial court case, Central Park GP Co Propco Ltd has brought a dispute against Tullow Oil Ltd and its UK‑registered parent, Tullow Oil PLC, over three lease agreements for the fifth, sixth and seventh floors of the Central Park building in Leopardstown, Dublin 18. Central Park claims the leases, which it says are worth about €1.3 million per year, are not due to expire until 2031 and that the break notices served between February and August 2020 are invalid. The oil company argues that it is fully entitled to exercise the break options and that Central Park's claim lacks logic. Central Park seeks declarations that the break notices have no legal effect, damages for breach, and that Tullow Oil PLC continue to pay all rent and charges under the leases. The case was admitted to the fast‑track commercial court list by Mr Justice David Barniville, who found the dispute commercial in nature.
Who, what, where, when and why
What: Report matter: Dispute between Tullow Oil and landlord over €1.3m lease. Procedural stage: hearing_or_decision
When:
- August 2020 Hearing Or Sentence
- 2021-04-20 Publication
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