A legal battle over the ownership rights to the name of a Dublin hotel chain has been settled at the Commercial Court.

The court was told that the dispute between developer Sean Dunne and hotelier John Brennan over the name of D4 hotels has been resolved.

Mrs Justice Finlay Geoghan said she was pleased that the issue had been resolved and adjourned the matter for mention tomorrow.

Afterwards Mr Brennan said he was very happy. Mr Dunne said: 'I hope both sides are happy.'

Both men shook hands and smiled after the court settlement was reached.

The case has been adjourned for mention tomorrow when the court proceedings will be formally struck out. Both sides said the terms of the settlement were confidential.

Mr Dunne's Mountbrook Homes and Mr Brennan, who runs the five-star Park Hotel in Kenmare, were contesting ownership of the domain name D4hotels.com.

The row centred on the former Jury's Doyle hotel in Dublin's Ballsbridge, which Mr Dunne bought in 2007 for more than €370m.

Mr Dunne and Mr Brennan re-opened the hotel under the name D4 Hotels.

The business relationship between the two men ended last year.

Opening the case, counsel for Mr Dunne had argued his client had ownership rights over the name. This claim was denied by Mr Brennan.

Both sides had been seeking damages. Mr Dunne had been expected to give evidence in the case later today.