Michael O’Flynn ‘takes control’ of company in insolvency row with neighbour

The court action relates to a €2.2 million personal guarantee given to the Cork property developer

Property developer Michael O’Flynn

Property developer Michael O’Flynn has “taken control” of a company and intends to use it to object to his neighbour’s personal insolvency arrangement (PIA), the High Court has heard.

The Cork-based businessman is currently awaiting news on whether the Supreme Court will agree to hear an appeal against the PIA obtained by John O’Driscoll, O’Flynn’s neighbour and a brother of Mick O’Driscoll, the former Irish rugby international. O’Flynn alleges his PIA was an “abuse of ...