John Magnier claims Maurice Regan is funding Barne Estate owners in court defence

Lawyers acting for John Magnier have claimed that Maurice Regan, the US-based construction magnate, is funding the owners of the Barne Estate in their defence of a High Court action taken by the Coolmore Stud billionaire.

Mr Magnier’s proceedings are anchored in the claim that the owners of the Barne Estate reneged on a purported deal to sell the 751-acre estate to him for €15 million, instead choosing to sell to Mr Regan for a higher price.

Paul Gallagher SC, for Mr Magnier, also claimed on Friday that recently-discovered documents evidenced Mr Regan “bullying and threatening” custodians of the Co Tipperary estate, and inducing a breach of an exclusivity agreement that, the plaintiffs say, was in effect following the purported deal.

All the claims were denied. Martin Hayden SC, for the defendants, said the allegation that Mr Regan was financing the proceedings was “an outrage”, and there was no evidence before the court to support such a claim.

A hearing into the…

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