For some time now, the property developer Tom Bailey has been engaged in high-profile court action with Ronan Barrett, a financier and well-known property player in his own right. First, Bailey, whose Bovale Construction was one of the biggest players during the boom, issued High Court proceedings against a business connected with Barrett in a dispute related to his family trust.  As I wrote before, the nub of the court case was that Tyrone-born Barrett, through his company Citadel Corporate Services Limited, allegedly tried to leverage his position as a co-trustee of the Culcommon Trust to squeeze a 25 per…

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