US court trustee backs Ulster Bank in push for Dunne's Irish bankruptcy

The US court trustee in charge of developer Sean Dunne's bankruptcy case in Connecticut, is backing Ulster Bank's application to make him bankrupt in Ireland.

1st June, 2013
Sean Dunne.

The US court trustee in charge of developer Sean Dunne's bankruptcy case in Connecticut, is backing Ulster Bank's application to make him bankrupt in Ireland, as part of parallel legal proceedings.

Bankruptcy lawyer Richard Coan, who is liquidating Dunne's assets, said in a court filing yesterday, that declaring the developer bankrupt in Ireland would benefit his creditors here, because most of the Carlow native's properties are in Ireland.

He said that, while over $14 million...

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