Veteran property player Tom Bailey called it a “shakedown” when he sued the co-trustee of a family trust for allegedly trying to leverage his position to claim a stake in a lucrative planning project near Maynooth.  But the co-trustee of the trust in question, the Culcommon Trust, is fighting back. Tyrone-born financier and developer John Barrett of Citadel Corporate Services has launched a legal counterclaim for €14 million accusing Bailey of breaching an oral contract. The dispute relates to the trust’s interest in the Moygaddy lands by the Kildare Meath border, circa 250 acres recently valued at around €40 million…

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