The shares will instead be divided among the surviving siblings and extended family of the deceased.
Thomas O Connell was gifted Kerry Co-Operative shares in a 1990 will of his uncle, John T Cronin who died some 23 years later in 2013, aged in his nineties.
Mr O Connell, who inherited his uncle s farm, remains entitled to the estimated €272,438 value of those Kerry Co-op shares but not to the Kerry Group shares.
In her judgment on Friday, Ms Justice Nuala Butler noted Mr Cronin, born in 1921, was one of 12 siblings reared on a small farm in Ballahantouragh, near Scartaglin.
He left school as a teenager and began farming, later inheriting the 38 acre family farm from his parents. He never married but was an integral part of a large extended family.
The shares will instead be divided among the surviving siblings and extended family of the deceased.
Thomas O’Connell was gifted “Kerry Co-Operative shares” in a 1990 will of his uncle, John T Cronin who died some 23 years later in 2013, aged in his nineties.
Mr O’Connell, who inherited his uncle’s farm, remains entitled to the estimated €272,438 value of those Kerry Co-op shares but not to the Kerry Group shares.
In her judgment on Friday, Ms Justice Nuala Butler noted Mr Cronin, born in 1921, was one of 12 siblings reared on a small farm in Ballahantouragh in Co Kerry.
He left school as a teenager and began farming, later inheriting the 38 acre family farm from his parents. He never married but was an integral part of a large extended family.
The nephew of a deceased bachelor farmer is not entitled to more than â¬1m worth of Kerry Group shares that are part of his uncleâs assets, the High Court has ruled.
The shares will instead be divided among the surviving siblings and extended family of the deceased.
Thomas OâConnell was gifted âKerry Co-Operative sharesâ in a 1990 will of his uncle, John T Cronin, who died some 23 years later in 2013, aged in his 90s.
Mr OâConnell, who inherited his uncleâs farm, remains entitled to the estimated â¬272,438 value of those Kerry Co-Op shares but not to the Kerry Group shares.
Nephew of deceased farmer not entitled to more than €1m of Kerry Group shares, court rules independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.