Company backed by Ronan O’Gara and Michael O’Flynn loses PIA challenge

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Efforts by a company backed by former rugby star Ronan O’Gara and developer Michael O’Flynn to block a personal insolvency arrangement put in place for another shareholder in the business have been dismissed

Ezeon, he said, were looking to set aside a Circuit Court order “in a manner unknown to law”.

That hearing was told that in 2014 Mr O’Flynn took over the borrowings and refinanced Ezeon for €2.2 million, which had risen to €2.5 million by 2018. Arising out of that debt, it was alleged that Mr O’Driscoll, from Ovens in Cork, owes at least €950,000 to Mr O’Flynn.

 

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