Marley prepares to declare personal insolvency

Marley has debts of €9.6 million

20th May, 2018
Philip Marley

Philip Marley, the colourful businessman, has appointed accountants to advise him on making a proposal to creditors for a personal insolvency arrangement.

Marley had faced the threat of bankruptcy from Maven Capital Partners, one of his creditors, but his decision to appoint Dublin-based accountants Francis Brophy & Company to advise him may allow him to avoid this.

Documents prepared as part of this process show Marley has debts of €9.6 million owed to Nama, the...

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