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Harbour Innovation Campus Developer Launches Legal Action Against Tech Investor

21st November 2018
Dun Laoghaire's former ferry terminal on St Michael's Pier Dun Laoghaire's former ferry terminal on St Michael's Pier Photo: Jehan Ashmore

The developer behind scrapped plans for the Harbour Innovation Campus in Dun Laoghaire is taking legal action against a tech investor, as The Sunday Times reports.

Philip Gannon filed a High Court case last Wednesday (14 November) against Ian Lucey and his firm Lucey Technology citing “specific performance”, which is often an attempt to compel a party to fulfil contractual obligations.

Neither party would comment on the case, though it is understood to be separate to Gannon’s withdrawal of his Harbour Innovation Campus plans from Dun Laoghaire last month in the absence of a foreshore licence for the earmarked St Michael’s Pier site.

Previous to that, in September, Lucey wrote in a blog post on Medium that he had moved to “step back” from the project “as [Philip Gannon’s] Blond Capital undertook more management, in line with [Lucey Fund’s] model of being a small shareholder in a number of businesses.”

The Sunday Times has more on the story HERE.

Note: This piece has been corrected to remove a previous statement that Philip Gannon and Ian Lucey were business partners. The shareholder agreement clearly states that no partnership was created. We are happy to make this clarification.

Published in Dublin Bay
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Dublin Bay

Dublin Bay on the east coast of Ireland stretches over seven kilometres, from Howth Head on its northern tip to Dalkey Island in the south. It's a place most Dubliners simply take for granted, and one of the capital's least visited places. But there's more going on out there than you'd imagine.

The biggest boating centre is at Dun Laoghaire Harbour on the Bay's south shore that is home to over 1,500 pleasure craft, four waterfront yacht clubs and Ireland's largest marina.

The bay is rather shallow with many sandbanks and rocky outcrops, and was notorious in the past for shipwrecks, especially when the wind was from the east. Until modern times, many ships and their passengers were lost along the treacherous coastline from Howth to Dun Laoghaire, less than a kilometre from shore. 

The Bay is a C-shaped inlet of the Irish Sea and is about 10 kilometres wide along its north-south base, and 7 km in length to its apex at the centre of the city of Dublin; stretching from Howth Head in the north to Dalkey Point in the south. North Bull Island is situated in the northwest part of the bay, where one of two major inshore sandbanks lie, and features a 5 km long sandy beach, Dollymount Strand, fronting an internationally recognised wildfowl reserve. Many of the rivers of Dublin reach the Irish Sea at Dublin Bay: the River Liffey, with the River Dodder flow received less than 1 km inland, River Tolka, and various smaller rivers and streams.