Week-long delay to decision on insolvency arrangement for Frank McNamara and Theresa Lowe
A High Court judge has asked for further clarification on musician Frank McNamara's financial affairs before deciding if he and his wife barrister Theresa Lowe are entitled to an insolvency arrangement with their creditors.
In a judgement given earlier this year, Mr Justice Denis McDonald said that he was minded to approving the Personal Insolvency Arrangement (PIA) but wanted certain matters including discrepancies in documents filed by Mr McNamara concerning his inheritance from his father's estate clarified.
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