Harcourt Developments settles winding-up legal action

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Harcourt Developments Unlimited Company settled its High Court action against Crest Nicholson (South West) Ltd concerning a disputed £2 million debt. Harcourt alleged that Crest was improperly threatening to have the Irish company wound up.

On 5 October 2018, Rudi Neuman, for Harcourt, told Mr Justice Tony O’Connor that the matter had been settled and that, with both parties’ consent, the entire proceedings could be struck out with no order. No details of the settlement were outlined.