Bank applies for permission to serve bankruptcy proceedings on Dunne
Mr Dunne has filed for bankruptcy in the US, but Ulster Bank is bringing similar proceedings against him here in relation to a €164m debt owed by him allegedly arising out of guarantees he executed over loans for the redevelopment of the Jurys Hotel site in Dublin.
Ms Justice Elizabeth Dunne yesterday adjourned the Irish bankruptcy application after she was told the bank wanted an order allowing it to substitute the normal personal service of proceedings on him by various other means.