Company director has €9m debt written off for €50,000

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

‘You can’t get blood from a stone,’ says High Court judge when approving debt settlement arrangement

The debt arose from facilities advanced by Bank of Scotland in 2008 for development property in Glasnevin, Dublin. Photograph: Gunnar Pippel/Getty Images

Mr Quinn owes €8.9m to Everyday Finance DAC and is unable to pay the debt, according to documents put before the court in support of his application. Quiet quitting: Why should an employee doing the job they are paid to do and then going home be a problem? Everyday had voted in favour of the DSA, which applies to unsecured debt and was made under the Personal Insolvency Acts, before it was approved by Mr Justice Owens during a brief hearing on Monday.

 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 3. in NL

Nederland Laatste Nieuws, Nederland Headlines