Property

Maurice Regan progresses Barne Estate deal in spite of John Magnier litigation

Owner of Coolmore Stud launched legal proceedings last month to enforce alleged ‘handshake’ deal to buy property for €15 million

Maurice Regan, the Irish construction magnate, who is understood to have offered in the region of €20 million for the Barne Estate

Irish construction magnate Maurice Regan is pushing ahead with plans to sign a €20 million contract for the Barne Estate in Co Tipperary despite a legal action by John Magnier to force a sale to him.

The move represents a new track in an escalating row over the estate and stately home which sits on 751 acres of farmland near Clonmel.

Magnier, the Coolmore horse breeding magnate, launched legal proceedings last month in an effort ...