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Killally bankruptcy extended
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:
- July 2009 Other
- June 2015 Hearing Or Sentence
- November 2012 Hearing Or Sentence
- May 2016 Other
- 2014-05-26 Publication
Places mentioned
- Aodhan O'Faolain The High Court
- High Court
- Midland Circuit Criminal Court
Topics
Stage Hearing Or Decision Theft
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