Saturday 24 February 2018

Gorse Hill solicitor Brian O'Donnell formally exits bankruptcy

Aodhan O'Faolain

Retired solicitor Brian O'Donnell formally exited bankruptcy today Monday.

He was formally discharged from bankruptcy at a sitting of the High Court.

Both Mr O'Donnell and his wife Mary Patricia formally of Gorse Hill, Vico Road, Killiney Co Dublin, but now living in the UK were adjudicated bankrupt by the High Court in August of 2013.

That finding was confirmed by the Supreme Court in February 2015.

Brian O'Donnell and his son Blake
Brian O'Donnell and his son Blake

In July 2016 the O'Donnell's bankruptcy was extended following an application by the official in charge of his bankruptcy, the Official Assignee (OA) in Bankruptcy Mr Chris Lehane for alleged non co-operation.

The O'Donnell's had opposed the move and denied the allegations.

Read More: Gorse Hill solicitor Brian O'Donnell will exit bankruptcy later this month

Today Ms Justice Costello was informed by barrister Eddie Farrelly for the Official Assignee that his client no longer wished to extend Mr O'Donnell's bankruptcy.

He said Mr Lehane was satisfied that all outstanding and historical issues in relation to the bankruptcy had been addressed.

Mr O'Donnell was not at court for the brief hearing, but was represented by his solicitor and son Mr. Blake O'Donnell.  Mrs O'Donnell had exited bankruptcy in December 2016.

Bank of Ireland applied to have the couple declared bankrupt after they failed to satisfy a judgment for €71.57m obtained against them.

The judgment was obtained by BOI in December 2011 after they failed to repay loans advanced by the bank.

Gorse Hill
Gorse Hill

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