Peter Clohessy’s family home can be sold, judge rules
This report is a localnews.ie summary based on public court reporting and records; sources are listed below.
Peter Clohessy’s family home can be sold under High Court orders made on 25 February 2021. The property is at Cappamore, Co Limerick.
Mr Justice Richard Humphreys granted the Official Assignee’s application concerning the property after Clohessy’s bankruptcy. The order requiring Clohessy, his wife Anna Gibson Steel and their three children to leave was postponed for six months.
The judge said the property offered the only prospect of paying creditors and that the postponement proposed by the Official Assignee was reasonable. Clohessy was adjudicated bankrupt in 2017 and has since been discharged; his debts exceeded €13 million in late 2016.