Former accountant agrees not to reduce assets in three companies in liquidation

Former accountant agrees not to reduce assets in three companies in liquidation
 Mr Justice Michael Quinn ordered Mr. Hynes' cousin, Drank and Adrian O'Reilly to appear in court. picture: iStock

A former accountant has consented to a number of High Court orders over a liquidator's investigation into the running of three insolvent companies.

Alan Hynes has agreed not to reduce his assets below €2.46m or transfer, encumber or otherwise dealing in assets relating to Hynes Jewellers Wexford (HJW), JW Fashions (JWF), and Tuskar Property Holdings (TPH), all in liquidation, pending further hearing.

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