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Fri 07 Jul 2007Ruling to delay sale of shopping centreA High Court decision has cast doubt over the proposed €64m sale to N1 Property Developments Ltd of the majority shareholding in the Northside shopping centre in Coolock, Dublin.Mr Justice Frank Clarke yesterday upheld arguments by Treasury Holdings Ltd that the manner of the proposed sale by BNY Trust Company (Ireland) Ltd and Ark Life Assurance Company of their stake in the centre to N1 breached certain provisions of a co-ownership agreement relating to the shopping centre.