'You've fleeced me', Ronan O'Gara told business partner over pub insolvency, court hears

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A company that counts Ronan O'Gara among its shareholders has asked the High Court to set aside an allegedly 'fraudulent' personal insolvency arrangement made in favour of a fellow shareholder

Ronan O'Gara pictured earlier this year. Image: LASZLO GECZO/INPHO A COMPANY WHOSE shareholder include rugby star Ronan O’Gara and businessman Michael O’Flynn has asked the High Court to set aside an allegedly “fraudulent” personal insolvency arrangement made in favour of their fellow shareholder John O’Driscoll.

In 2014 O’Flynn took over the borrowings and refinanced the company for €2.2m, which had risen to €2.5m by 2018. However Ezeon has serious issues with the PIA, and wants it set aside over concerns including an alleged misappropriation of just over €15,000 in company funds by O’Driscoll.Enzon is also concerned about fair procedures in the PIA, as it claims it was not listed as a creditor of O’Driscoll, when he was allegedly in control of the company at the time.

O’Gara said that while he did not have much day to day involvement with the company, he put money into it including €20,000 to keep it afloat in 2019. Bernard Dunleavy SC on behalf the respondent’s Personal Insolvency Practioner said his side wanted time to file a sworn statement in response to the application to set aside the PIA, and the allegations now being made on behalf of Hayden’s client.

 

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What's happened our country?

Did he use his lovely beautiful limerick accent . Deenoww was I mean like..

What % share does he own? How much control does he have?

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‘You have f**king fleeced me’: Ronan O’Gara seeks to overturn business partner’s debt dealFormer rugby international accuses former partner in Cork pub of misappropriating €15,725 in High Court action
Источник: IrishTimes - 🏆 3. / 98 Прочитайте больше »