Developer Sean Dunne has settled his High Court action with estate agents CB Richard Ellis (CBRE) over alleged unpaid fees of €1.5 million.
The case had been due to resume for a fourth day today when his counsel Donal O'Donnell SC told Ms Justice Mary Finlay Geoghegan court the parties had been able to resolve their difficulties.
In a statement this afternoon CBRE said "all allegations against CBRE have been formally withdrawn and outstanding fees due to CBRE will be paid".
CBRE had claimed that Mr Dunne owed it €1.5 million fees from the sale in February 2006 of a premises, Riverside IV, at Sir John Rogerson's Quay, Dublin, and the part exchange of that with Hume House in Ballsbridge.
Mr Dunne had denied the fees are due and counterclaimed for €35 million, alleging CBRE advised him to buy Hume House for €130 million when the nearest competing bid was €102 million and its true value was between €65 million and €95 million.