Sole director of Jackson Way attends hearing

The sole director and shareholder of Jackson Way Properties has made an unexpected appearance at an arbitration hearing in Dun…

The sole director and shareholder of Jackson Way Properties has made an unexpected appearance at an arbitration hearing in Dun Laoghaire.

The shelf company is claiming €47 million in compensation from Dún Laoghaire-Rathdown County Council following the compulsory acquisition of some of its lands for a motorway.

Today Mr Alan Holland - the sole director and shareholder of the company - appeared at an arbitration hearing in Dun Laoghaire.

The ownership of Jackson Way was unclear, but documents in the possession of the Criminal Assets Bureau suggested Mr James Kennedy, the amusement arcade owner who bought the lands in the 1980s, was the beneficial owner of the company.

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A Belfast-born lawyer, Mr John Caldwell, has told the Flood tribunal he holds the lands "to my order" but he denied owning them.