Businessman John Magnier has lost a High Court case over the sale of the 750 acre Barne Estate in Tipperary.
The billionaire had claimed that he had reached a deal with estate owner Richard Thompson-Moore to buy the estate for €15 million.
In judgment issued this afternoon, Mr Justice Max Barret ruled that neither the alleged land-sale agreement nor the alleged option agreement were ever concluded.
The judge said there was no breach of an exclusivity agreement as claimed by Mr Magnier and refused to find in his favour.
More to follow