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Former property developer Sean Dunne claims injunction against him is a fraud Children of the bankrupt businessman were granted a temporary injunction preventing him from selling two valuable properties. By Aodhan O Faolain Thursday 27 May 2021, 3:00 PM Thu 3:00 PM 20,398 Views 0 Comments File photo of Sean Dunne from 2006. Image: Graham Hughes/Photocall Ireland! File photo of Sean Dunne from 2006. Image: Graham Hughes/Photocall Ireland! BANKRUPT BUSINESSMAN SEAN Dunne has told the High Court that injunction proceedings brought against him over two properties in Co Kildare are “a fraud.” Last week the Court granted children of the bankrupt businessman a temporary injunction preventing him from selling or dissipating the proceeds of sale of two valuable properties located at 9A ....
Bankrupt businessman Seán Dunne has told the High Court that injunction proceedings brought against him over two properties in Co Kildare are âa fraudâ. Last week the court granted children of the bankrupt businessman a temporary injunction preventing him from selling or dissipating the proceeds of sale of two valuable properties located at 9A and 19 Churchfields, Straffan, Co Kildare located near the K Club resort. They claim that the properties were assigned to or put in trust for Mr Dunneâs children. However, they allege their father is attempting to sell the properties for the bankrupt developerâs own benefit. ....
The High Court has granted family members of bankrupt businessman Seán Dunne a temporary injunction preventing him from selling or dissipating the proceeds of sale of two valuable properties located in Co Kildare. The court heard that the properties had been assigned to or put in trust for Mr Dunneâs children, but it is alleged that he is attempting to sell the properties for the bankrupt developerâs own benefit. The action has been taken by John Dunne, the businessmanâs son from his first marriage, along with Seán Dunneâs four sons, who are all minors, with Gayle Killilea, who is Seán Dunneâs second and now former wife. ....
LEGAL COLUMN: What is bankruptcy? All you need to know Donegal solicitor Conor McLaughlin explains the bankruptcy process Reporter: “Tough times don’t last. Tough people do.” - Gregory Peck, American Actor Bankruptcy is a legal process where an individual is declared unable to pay their Creditors. The property or assets of an individual, who is unable to pay their debts (called a Debtor) are transferred to be sold by a person known as an official assignee who is given charge of the property by the High Court. When the property or assets are sold, the costs, expenses, court fees and certain priority debts are paid. After this, the net proceeds are distributed to those owed money (the Creditors). ....