Court strips Marley of personal insolvency protection

Court strips Marley of personal insolvency protection
Philip Marley: the developer has recorded debts of €9.6m Picture: Courtpix

Businessman Philip Marley’s bid to ward off creditors with a personal insolvency arrangement has been struck out by the High Court.

The developer has also been ordered to pay the costs of the action by Mr Justice Denis McDonald.

The move comes as no surprise after creditors voted down proposals for an insolvency arrangement last September, pushing Marley a step closer to bankruptcy.

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post