Jim McConnon’s CBRE valuation case adjourned in High Court

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

Jim McConnon’s civil case against CBRE was adjourned in the High Court on 23 March 2015. He is seeking to pursue claims arising from valuations of development sites near his supermarket in Castleblayney, Co Monaghan.

McConnon alleges CBRE valued the sites at €30 million in 2007, while an independent valuation put their combined value at €3 million. He alleges negligence, personal injury and defamation.

As an undischarged bankrupt, he required permission from the official assignee to continue the proceedings. The matter was adjourned to the following month.