Irish private equity investor Denis Connelly is being sued for £250,000 in unpaid commission and interest.
Property agent Bond Woodhouse claims Connelly has not paid the commission he allegedly owes on the £17m West Two scheme, in
The high court claim alleges that Connelly’s private equity company, Capital Invest, bought the entire 118-flat scheme from developer KingsOak, after Bond Woodhouse introduced him to the site.
They allegedly agreed that, if Connelly purchased the scheme, the agent would receive a commission of 1% of the purchase price.
Connelly said he was “vigorously defending the claim”.