Dunne loses bid to set aside Irish bankruptcy
A three-judge Supreme Court rejected claims by the now US-based developer his July 2013 adjudication of bankruptcy by the Irish High Court cannot stand on grounds including his having previously filed for bankruptcy in the US. Irish bankruptcy laws, he argued, do not allow for a double or dual bankruptcy findings in different jurisdictions.
Ulster Bank and Nama, Mr Dunne’s largest creditor, opposed his appeal and argued that the Irish adjudication should remain undisturbed.
