Courts / Offaly / Report

Killally bankruptcy extended

Date
2014-05-26
Stage
Hearing Or Decision
Primary locality
Edenderry
County
Offaly

Summary

In a High Court ruling on 26 May 2014, Mr Gerard Killally's bankruptcy was extended by 12 months, keeping him bankrupt until June 2015. Killally, a former Fianna Fail politician and businessman, was declared bankrupt in July 2009 with debts of about €70 million. The extension follows a 2012 conviction at the Midland Circuit Criminal Court for stealing €18 000 of refrigeration equipment, for which he received a three‑year suspended sentence. Mr Chris Lehane, the bankruptcy official, applied for the extension citing Killally's conviction and undisclosed pension plans. Mr Justice Brian McGovern granted the order, citing "good public policy" and the need for bankrupts to cooperate with the official assignee. He also imposed an income‑payment order of €433 per month until May 2016. Killally's counsel opposed the extension, arguing it constituted a double punishment for the 2012 conviction.

Who, what, where, when and why

What: Report matter: Killally bankruptcy extended. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • Aodhan O'Faolain The High Court
  • High Court
  • Midland Circuit Criminal Court
Secondary Mention

Topics

Stage Hearing Or Decision Theft

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