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Toll-road firm sues for €1.5m

THE operators of the Dundalk by-pass toll road are suing over an alleged outstanding debt of €1.57m.

In proceedings transferred to the Commercial Court, North Link claims Celtic Roads Group (Dundalk) Ltd has failed to adhere to the terms of a 2004 agreement under which North Link agreed to operate and maintain the road in return for payments by Celtic.

It claims Celtic has refused to accept a decision on a new level of payments made by an independent assessor.

North Link is claiming €1.57m and a declaration that Celtic is bound by the assessor's determination.