Legal

Johnny Ronan accuses lender of conspiracy to ‘stifle’ legal actions

Ronan Group Real Estate is taking a High Court case against Fortress Investments Group, its junior lender on a portfolio of high-value Dublin assets

The lawsuit relates to what RGRE alleges was a failure to engage with refinancing arrangements on loans in 2022.

Johnny Ronan’s real estate group alleges that its lender improperly appointed receivers as part of a conspiracy to prevent it from pursuing a lawsuit.

Ronan Group Real Estate (RGRE) is seeking to amend an ongoing a High Court case to include new claims about an alleged conspiracy which it claims had the purpose of “stifling” its legal proceedings.

RGRE lodged High Court proceedings against Fortress Investments Group, its junior lender on a portfolio of high-value ...