Gayle Dunne, wife of bankrupt developer Sean Dunne, has been ordered by a court not to reduce her assets below €50m amid concerns that efforts are being made to put his assets beyond the reach of creditors.

It is of “paramount importance” to Sean Dunne “to get free of the shackles of bankruptcy”, lawyers for the developer have told the High Court.

Plans to close Skibbereen courthouse and have the business of the court undertaken in Clonakilty were challenged in judicial review proceedings at the High Court in Cork yesterday.

Retired solicitor Brian O’Donnell and his wife Dr Mary Patricia are personally liable for the legal costs of their failed bid to have their bankruptcy annulled, the High Court ruled.

Daughter warns Bank of Ireland’s legal team to ‘watch yourself’

Solicitor Brian O’Donnell says he will bring in expert witnesses on banking regulation as part of the latest challenge by him and his wife Mary Patricia to their bankruptcy, the High Court heard yesterday.

A dispute over whether bankrupt developer Sean Dunne validly transferred various property assets to his wife Gayle, including a hotel in South Africa, has come before the Commercial Court.

FORMER Anglo Irish Bank chairman Seán FitzPatrick was declared a bankrupt by the High Court yesterday at his own request, just days after opposition from Anglo ensured the collapse of his proposed settlement deal with creditors.

The former head of Anglo Irish Bank, Sean FitzPatrick, was officially declared bankrupt today.

THE former head of Anglo Irish Bank, Sean Fitzpatrick, is expected to be officially declared bankrupt on Monday after his former bank blocked a proposed settlement deal with his creditors.

PUBLICANS Hugh O’Regan and Paraic Dunning are to go ahead with development works on their €16m extension to the Morrison Hotel on Ormond Quay, Dublin, following a decision of the High Court yesterday.