Mr Justice Rory Mulcahy said he was also not prepared to grant the Duddy group orders restraining the UK-based Propiteer Group from appointing or removing directors to firms involved in the running of the IBIS Red Cow Hotel in Clondalkin, Dublin

The IBIS Red Cow Hotel is one of several assets at the centre of a row between the Duddy group and the UK-based Propiteer Group over an alleged breach of an agreement to divide up the assets of joint ventures they had owned