Friday 24 November 2017

Bourke to accept director ban over pub firm liquidation

Jay Bourke
Jay Bourke
Shane Phelan

Shane Phelan

High-profile restaurateur and publican Jay Bourke will not challenge an application seeking to disqualify him from being a company director, the High Court has heard.

The disclosure came following talks between Mr Bourke and the Revenue Commissioners arising out of the liquidation of his now closed Shebeen Chic pub.

The court heard on Monday he had agreed to being disqualified for a period of five years. However, it will ultimately be up to a judge to decide on the length of the ban.

It means the businessman will have to resign his directorships of a number of well-known outlets, including the Panti Bar and Bobos Burgers, and will be unable to take part in the promotion, formation or management of any company.

A Revenue-appointed liquidator, PJ Lynch, sought the disqualification after his investigation concluded the company behind the pub continued to trade while it was insolvent.

The pub, which was entirely fitted out with recycled furniture, opened on South Great Georges street in Dublin in 2008, but closed down three years later with the loss of 21 jobs following a rent dispute.

The company through which it was run, Shebeen Shic Ltd, was then wound up in 2012 following a petition from the Revenue, which was owed €84,366 in respect of Vat.

The liquidator said this arose after Mr Bourke transferred a Vat liability for his Eden restaurant, a business he operated as a sole trader, to Shebeen Shic Ltd.

Ross Gorman, counsel for Mr Bourke, told Mr Justice Robert Haughton the disqualification application would go ahead "on consent".

Mr Bourke was not in court for the brief hearing.

Irish Independent

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