By Ruth Mercer
The High Court has finalised orders holding Alan Hynes personally liable for more than €4.7 million of debts arising from three companies in liquidation and disqualifying him from company management for 18 years.
The orders followed a substantive judgment delivered on 9 January 2026 in proceedings concerning Tuskar Property Holdings Limited, Hynes Jewellers (Wexford) Limited and JW Fashions Limited. The final order was made on 13 February after the respondents failed to appear at three post-judgment listings.
Mr Justice Michael Quinn recorded that Hynes had been found to be a de facto director of the companies and knowingly party to carrying on their businesses with intent to defraud creditors or for other fraudulent purposes. He was made personally liable under section 610 of the Companies Act 2014 for €4,706,844.47 in company debts.
Separate orders required Hynes to pay €47,851.12 towards reconstructing company accounting records, €300,000 relating to company property disposed of to him, and €1,886,333.29 under findings that company money or property had been misapplied or retained. Some liabilities are expressly structured so that recoveries under one statutory provision reduce overlapping liability under another.
The court also ordered Hynes to pay investigation costs of €156,505.62 plus VAT and made him jointly liable with another respondent for €123,000 on account of litigation costs pending final adjudication. Existing injunctions were continued, and the liquidator was directed to refer the investigation findings to the Director of Public Prosecutions.
The February judgment mainly addresses Hynes's repeated emails to the court after the substantive ruling. The judge said requests to vary the existing Mareva injunction could not be made by email and required a formal motion supported by affidavit.
The final order corrected one calculation by reducing the principal personal-liability figure by €2,164. It did not reopen the substantive findings already made in January.