Three weeks for Ronan to cut a deal with US investment firm

The colourful developer is at loggerheads with Fortress Investment Group over three planned Dublin developments, including a proposed 1,000-unit highrise

Johnny Ronan: his Ronan Group Real Estate signed an agreement last month to resolve the injunctions. Picture: Tony Gavin

A deal between Johnny Ronan’s real estate group and a US-based investment management firm must be reached in the next three weeks or else a pending lawsuit will proceed, the High Court has heard.

Ronan Group Real Estate (RGRE) said it had agreed a further standstill period so that talks with Fortress Investment Group could continue. It told the High Court that “somewhat disappointingly”, no broad resolution had yet been agreed.

The dispute relates to ...