Courts / Dublin / Report

High Court rules Victory Christian Fellowship trustees must disclose details of income and assets

Date
2014-12-17

Stage
Hearing Or Decision

Court
Aodhan O'Faolain The High Court

Primary locality
Rathfarnham

County
Dublin

Summary

In a High Court decision on 17 December 2014, Justice Aileen Donnelly ordered the trustees of Victory Christian Fellowship (VCF) to disclose their income, assets, and the funding sources for ongoing litigation against the Bank of Scotland (BOS). The order also requires the trustees to provide details of how the VCF's litigation is financed and to identify third parties contributing to the case. BOS and appointed receivers sought these orders to enforce an €18.7 million judgment against VCF. The trustees, including senior pastor Brendan Hade, his wife Shelia Hade, and Gerry Byrne, contested the orders, claiming VCF activities had ceased after receivers took possession of three church premises in June 2013. Justice Donnelly noted that clarification was needed on whether VCF remains operational, the nature of its congregations, and the extent of third‑party funding, including donations from a company called Victory Conference Centre Ltd.

Who, what, where, when and why

What: Report matter: High Court rules Victory Christian Fellowship trustees must disclose details of income and assets. Procedural stage: hearing_or_decision

When:

May 2013 Hearing Or Sentence
2014-12-17 Publication

Why: The judge said she was satisfied to grant the orders because matters including the accuracy of the statement of affairs as to the current position of the VCF "needed clarification. CNI source report