Bankruptcy court approves sale of FitzPatrick’s home

THE bankruptcy court has approved the sale of a house in Bray, owned by former Anglo Irish Bank chairman Sean FitzPatrick. which had a reserve price of €300,000.

At the High Court yesterday, a solicitor representing Chris Lehane, the court-appointed official given control over Mr FitzPatrick’s assets, secured approval to finalise the sale of a property owned by Mr FitzPatrick at 25 Camaderry Road, Bray, Co Wicklow.

The court heard that the house was put up for auction and a reserve set after an independent valuation was obtained. The house was sold last Tuesday, but required approval from the High Court in order to finalise the transaction.