Legal

Accountant and wife vow to appeal bankruptcy over 13-year-old debt

Alan Hynes vows to fight High Court ruling despite judge’s declaration that the idea of settling debts quickly is ‘preposterous in the extreme’

Alan Hynes was declared bankrupt by Mr Justice Mark Sanfey last week following an application from Bridget Atkinson Picture: Aidan Crawley

An accountant who a liquidator is seeking to make personally liable for debts of €4.8 million has said he will appeal a High Court order declaring him bankrupt.

Alan Hynes was declared bankrupt by Mr Justice Mark Sanfey last week following an application from Bridget Atkinson, a petitioning creditor who alleged Hynes owed her nearly €300,000. His wife, Noreen Hynes, was also adjudicated bankrupt.

The debt relates to €200,000 in equity which Atkinson and her ...