Marley in bid to avoid bankruptcy over €1m Maven debt

The businessman told The Sunday Business Post this weekend that he hopes to avoid going bankrupt by working with a personal insolvency practitioner to look into a debt settlement agreement

18th February, 2018
Philip Marley: the property developer is hoping to avoid bankruptcy by working with a personal insolvency practitioner Picture: Collins Courts

Philip Marley, the colourful businessman, is facing bankruptcy proceedings after one of his creditors, Maven Capital Partners, moved against him last week.

Marley, however, told The Sunday Business Post this weekend that he hopes to avoid going bankrupt by working with a personal insolvency practitioner to look into a debt settlement agreement. He owes Maven over €1 million, which relates to his controversial time as chief executive of a British-based student accommodation business called Space.

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