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Sean Dunne in court bid to withdraw US bankruptcy application

Businessman Sean Dunne is due back in court in the US today as he continues his bid to have his U...
Newstalk
Newstalk

11.17 27 Aug 2014


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Sean Dunne in court bid to wit...

Sean Dunne in court bid to withdraw US bankruptcy application

Newstalk
Newstalk

11.17 27 Aug 2014


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Businessman Sean Dunne is due back in court in the US today as he continues his bid to have his US bankruptcy application withdrawn.

Mr Dunne had filed for bankruptcy in Connecticut - where has been living for the last number of years - last year after court orders directed him to repay more than €185 million to NAMA.

However, he wants to have that application dismissed. Today's hearing in Connecticut will decide whether or not that will go ahead.

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A US court had previously decided to allow an unprecedented parallel bankruptcy proceedings in the US and Ireland on the basis that it would benefit Mr Dunne’s creditors because most of his properties are in Ireland.

Last year the High Court in Ireland refused to set aside the property developer's Irish bankruptcy.

The Irish Times Washington correspondent Simon Carswell explains why Mr Dunne is seeking to take back the application in the US:


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