Irish Life lease dispute with Arcadia fast-tracked
This report is a localnews.ie summary based on public court reporting and records; sources are listed below.
Irish Life Assurance PLc's lease dispute with Arcadia Group Ltd was admitted to the Commercial Court list, reported on 23 July 2019.
The dispute concerns premises at 101 Patrick Street in Cork, leased under an agreement dating from 1987.
Arcadia claimed its UK Company Voluntary Arrangement terminated the lease, while Irish Life disputed that position.
Irish Life sought declarations that the lease remained effective, along with rent, specific performance and damages.
The parties also disputed whether the case should be heard in Ireland or before the High Court of England and Wales.
The case was adjourned for a week.