It was a High Court battle that threatened to delay major new developments on Belfast’s waterfront.
The city’s Harbour Commissioners and developer Titanic Quarter Ltd were locked in a dispute over a master agreement for the 185-acre site’s multi-million pound regeneration.
But a judge was told that the two sides have signed off on a new memorandum of understanding (MoU) to resolve their differences.
Lord Justice Girvan agreed to stay the action, with both sides picking up their own legal bill.
In a joint statement, both groups said: “As a result of this mutual agreement, today marks an opportunity to re-invigorate Titanic Quarter.
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