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Sean Dunne’s Connecticut house, though there’s no-one home.


Sean Dunne’s Connecticut house, though there’s no-one home.

It will be next week when we are set to finally get Sean Dunne’s financial statements which he is required to submit to the US bankruptcy court, and because it is the US, these are public documents and will be reported on here; there is much anticipation, though presumably it will be old hat to NAMA, to which Sean has previously provided a statement of affairs.

Meantime, we can bring you exclusive pictures of Sean’s home as set out in his bankruptcy filing – 526 Indian Field Road, Greenwich, CT 06830. Taken yesterday from the chopper – no, there were no speakers blaring out Wagner – and from a height of more than 800 feet so as to comply with local privacy laws, the pictures show an expansive home set in its own grounds in the enclave of Belle Haven in Greenwich Connecticut.

No-one was home yesterday, and indeed it emerged in the High Court in Dublin this week that Ulster Bank has been experiencing what were described as “difficulties” in serving bankruptcy papers seeking to make Sean bankrupt in Ireland. A red sedan was visible in the front forecourt though the property has three garages on one wing. Sean is understood to be still driving the Lexus SUV and Gayle, what NAMA described as a “luxurious” Cherokee.

The house is presently listed for sale by Sotheby’s International with an asking price of USD 8m (€6.2m).  It sits on 2.5 acres. Sotheby’s says it has “a double-height great room w/fireplace, gourmet kitchen, formal dining room, family/theatre room, double offices. 8 bedrooms including a master suite w/marble bath, 3 dressing rooms, & balcony. First floor staff quarters. Lower level gym, storage space, laundry area, & bonus room. Pool, hot tub, & pool house w/full bath. Association private beach.” It has 24/7 security (no, not an alarm silly but a man in a sentry box). The property is owned by Alex and Irina Knaster who live in Kensington, west London.

via Exclusive! Sean Dunne’s Connecticut house, though there’s no-one home. | NAMA Wine Lake.

via Exclusive! Sean Dunne’s Connecticut house, though there’s no-one home. | NAMA Wine Lake.

The Elizabeth Warren Quote Everybody Needs To See


Elizabeth Ann Warren is the senior United States Senator from Massachusetts and a member of the Democratic Party. Warren was previously a Harvard Law School professor specializing in bankruptcy law and is an active consumer protection advocat

 

 

 

Seán FitzPatrick bankruptcy action before High Court –


Seán FitzPatrick was declared bankrupt in July 2010

A solicitor for former Anglo Irish Bank chairman Seán FitzPatrick has asked the High Court not to go ahead with part of bankruptcy proceedings until the criminal case against him is over.

A High Court judge described as “bizarre and unusual” the fact that two different legal representatives appeared at the bankruptcy court on behalf of Mr FitzPatrick.

Ms Justice Elizabeth Dunne said she was concerned if Mr FitzPatrick was giving the same instructions to both sets of legal representatives.

She was assured by solicitor Michael Staines,�who is representing Mr FitzPatrick in criminal proceedings,�that he was.

Mr Staines told the bankruptcy court it should not proceed with questioning him on a particular issue until the outcome of the criminal case.

He said it was possible the�Director of Public Prosecutions�would also ask the court to adjourn the case.

The application by a court-appointed official to question Mr FitzPatrick in the High Court as part of bankruptcy proceedings had been adjourned to allow statements to be submitted to the court.

In July, the High Court was told the official assignee wanted to examine Mr FitzPatrick about the ownership of a large London office investment property.

Ms Justice Dunne adjourned the matter for two weeks and asked Mr FitzPatrick’s legal team to lodge sworn statements setting out their submissions on the issue of prejudice.

Today she noted that had still not been done.

The former Anglo Irish Bank chairman is estimated to have debts of €150m and assets of €47m.

He was declared bankrupt in July 2010.

via Seán FitzPatrick bankruptcy action before High Court – RTÉ News.

via Seán FitzPatrick bankruptcy action before High Court – RTÉ News.

Yates keeping low profile after AIB bankruptcy bid – News – Newrossstandard.ie


GONE TO GROUND former Cabinet Minister Ivan Yates successfully fended off High Court action by AIB Bank last week to have him declared bankrupt.

But the Enniscorthy man who left his job as anchor on the Newstalk breakfast show earlier this year was not present in court and has been keeping a low profile.

Callers to Ivan Yates’ mobile phone are greeted with a message warning that the phone may be unattended for some time along with an indication that intends to change his number. His wife Deirdre confirmed last week that he was not contactable and gave no indication as to whether or not he was in Ireland

via Yates keeping low profile after AIB bankruptcy bid – News – Newrossstandard.ie.

via Yates keeping low profile after AIB bankruptcy bid – News – Newrossstandard.ie.

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