Thursday February 27, 2020

Marley faces potential bankruptcy as he fails to do deal with creditors

30th September, 2018
Businessman Philip Marley

Businessman Philip Marley has failed to reach a settlement with his creditors, pushing him closer towards bankruptcy.

Last month, Marley was granted a 40-day extension of a protective certificate by the High Court, as part of a personal insolvency process which he entered into voluntarily.

However, the move, which warded off any legal action from his creditors for the duration of the protection period, a total of 110 days, failed to produce a debt settlement.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago