Michael Byrne loses case over fraudulent asset transfers

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Michael Byrne had two asset transfers set aside by the High Court over a €200,000 damages award, reported on 23 November 2017. The transfers concerned his former family home and lands at Rosewell, Templerainey, Arklow, County Wicklow.

Mr Justice Paul Gilligan found the transfers were intended to hinder Cormac Walsh’s recovery of damages after Mr Walsh was abused by Byrne. One transfer took place in May 2012 and the other in October 2015, after the damages award. Byrne disputed the application, saying the transfers were made in good faith.