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Judgement in O'Donnells application to have bankruptcy annulled to be delivered on Thursday
Summary
The High Court will deliver a judgement on Thursday regarding an application by retired solicitor Brian O'Donnell and his wife Dr Mary Patricia to have their bankruptcy annulled. The O'Donnells were declared bankrupt by the High Court in August 2013, a decision upheld by the Supreme Court in February 2014. The Bank of Ireland sought the bankruptcy after the couple failed to satisfy a €71.5 million judgement obtained against them for loans advanced for property investment. In their latest challenge, the O'Donnells argue that the bankruptcy should be set aside on several grounds, including that the bank involved was Bank of Ireland Private Banking, which they claim is not a licensed bank. The Bank opposed the application, arguing the bankruptcy should remain in force. Ms Justice Caroline Costello said she would give her decision on Thursday and would also hear issues raised by the O'Donnell's four children on May 19th.
Who, what, where, when and why
What: Report matter: Judgement in O'Donnells application to have bankruptcy annulled to be delivered on Thursday. Procedural stage: hearing_or_decision
When:
- May 19th Hearing Or Sentence
- 2015-04-13 Publication
Places mentioned
- The High Court
- High Court
- Supreme Court
Topics
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