John Sheils and Susan Casey secure High Court insolvency deal
This report is a localnews.ie summary based on public court reporting and records; sources are listed below.
John Sheils and Susan Casey had personal insolvency arrangements approved by the High Court, reported on 5 July 2021. The arrangements let them retain Annamult House in Bennettsbridge, Co Kilkenny, while continuing mortgage payments for 28 years.
The couple owed approximately €2.9 million and will fund the arrangements partly by selling assets. The proposals also provide for about €70,000 in debt to be written off, with creditors supporting the plan over bankruptcy.