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SEAN DUNNE HAS just over two weeks to supply further documents in his bankruptcy proceedings, amid claims that he is “stalling” in an attempt to buy more time.
His wife, former Sunday Independent journalist Gayle Killilea, could also be called before the proceedings.
The former developer, facing debts worth over €700 million, is currently in the midst of an attempt to be declared bankrupt in Connecticut.
In papers filed yesterday, a solicitor acting for Connecticut’s bankruptcy court was granted a request for Dunne to be compelled to produce documents and provide testimony.
These would include tax returns and bank statements that have not yet been provided to the court.
“Cloak and dagger financial shell game”
The solicitor, Richard Coan, said Dunne was ‘simply stalling and buying time while his trustee attempts to unravel a cloak and dagger financial shell game that spans three continents and, at least, four different countries’.
The court also ruled that an ad hoc protocol, essentially a set of guidelines or rules, on how a dual bankruptcy proceeding like Dunne’s should be handled was not required to be produced by his trustee and that he faces no prejudice as a result
Dunne had attempted to set a date for this protocol to be submitted.
Coan argued that it would not clarify his rights and obligations any further.
Papers filed earlier this week also suggest that Killilea has information relevant to proceedings.
It adds that she could have a role in “the administration of the bankruptcy estate” of Dunne, and that calaims against her have a value of €32 million.
Coan was granted permission to question Killilea in relation to this.
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Hope she shares some of her business tips.
Going from being a socialite columnist in the Indo to becoming an extremely wealthy property developer in her own right with numerous enormous bank accounts was an extraordinary achievement.
She must just have the knack for it.
He’d wanna watch what he say’s or she might sue him
She has sean by the balls at the moment, I’d say he’s on 24hr duty on making the tea, sole responsibility for ordering the Chinese take away, can’t tell her “will you shut up I’m trying to watch the telly, I don’t know any of the people your talking about iv never met them! infact you don’t even know them!” Hell hath no fury like a women scorned, thread carefully sean
Another despicable man. Don’t forget he was invited by Bertie Aherne to the joint Houses of Parliament in London some years back. Albert Reynolds could not get a ticket.
Why?
Do you believe this character when he says he donated millions to his beloved wife because of true love?
I don’t and I hope the courts don’t .
A 3 bedroom semi with subsistence money is all he (barely) deserves.
A sleeveen.
I heard she loves the Galway races and would swallow anything, let’s call a spade a spade miss gayle is very well connected, look who her family are, developer ? Her, she could hardly spell it
How the Baron has fallen….
I am sure his best friend the CEO of Bank of Ireland will provide evidence and a character Reference to the US judge. After all he was at the family wedding and other social occasions. Richie Boucher’s integrity like the Dunne’s is never in doubt. Sue good old Richie went to the ends of the earth to get the Banks money back from all the Dunne family, how they ever had a bus fare left is amazing.
How can people transfer significant assets to their wives and then file for bankruptcy?
Can anybody explain please?
I recently was informed of a Businessman who owes NAMA circa €100 million.
Several years ago he bought property in Germany in joint names of his wife and himself.
NAMA sold the German property for Circa €6 million and send a cheque for half the proceeds to his wife!
Could this really happen in Ireland?
If so, what crazy laws we have!
What dishonesty! Or is it now deemed to be “shrewd”!
Rightly so !!
Didn’t she do a stint on TV3 on Ireland AM with Mark Cagney
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