Legal

Irish entrepreneur pulled up in Florida bankruptcy case over undisclosed trust fund

Illann Power, who is also being sued in the US by the Irish Revenue, had mentioned an ‘eight-figure sum’ in a previous interview in this newspaper

The bankruptcy trustee handling the case of Irish entrepreneur Illann Power has asked why he failed to disclose an ‘eight-figure’ trust fund which he referred to in an interview with this newspaper last month

The Florida bankruptcy trustee handling the case of Irish entrepreneur Illann Power has asked why he failed to disclose to her that he had “an eight-figure sum” trust fund, which he referred to in an interview with the Business Post.

In a filing to the court in Florida, Maria Yip wrote that Power had “failed to disclose in his bankruptcy schedules that he had any interest in a trust, and he has failed to turn ...