Jay Bourke disqualified from acting as a company director for seven years

Restaurateur and publican Jay Bourke has been disqualified by the High Court from acting as a company director for seven years.

Mr Bourke had earlier this year agreed to a disqualification period of five years arising out of the liquidation of his now closed Shebeen Chic pub on South Great George's Street in Dublin.

However Mr Justice Robert Haughton said the focus of the misconduct by Mr Bourke in this case must be that he had continued to trade for some two years after he knew the operating company was insolvent.

"He attempted to trade out of difficulties but did so for far too long and eventually Revenue petitioned for a winding up in December 2012", the judge said.

Jay Bourke

There was an eventual VAT liability of €105,000, showing a very significant revenue which was not reflected in the books and records of the company, he said. It had been accepted by Mr Bourke that books and records were not kept or provided and there was also a failure to make annual returns.

This was "significant misconduct and a significant loss to the taxpayer", he said.

It seemed to the judge that taking all factors into account, the appropriate disqualification period was eight years.

He deducted one year deducted for Mr Bourke's acceptance of his behaviour after the liquidator's grounding affidavit was filed and because a number of other sanctions originally sought against him had been withdrawn.

Earlier, the judge noted a claim of reckless trading against Mr Bourke had been withdrawn.

After hearing Mr Bourke was a director of 14 companies and needed a little time to resign those directorships, the judge agreed to put a stay on his order until August 1. Those other directorships include Panti Bar and Bobos Burgers in Dublin.

More in this Section

Denis Naughten to introduce reduced levy fee for independent radio stations

Brother of Tunisia terror attack victim calls on world leaders to take action

‘An absolute embarrassment’: Students slam Trinity's move to axe 'freshman' title

New direct-provision centre in Clare after 30% rise in asylum-seeker applications


Today's Stories

Man jailed for damaging headstones

Citizens’ Assembly chair rejects criticism of 8th report

450 people had welfare payments suspended

Government ‘satisfied’ with Brexit backstop

Lifestyle

The biggest cancer killer will take your breath away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner